Tennant: Q4 Earnings Snapshot

EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — Tennant Co. (TNC) on Thursday reported net income of $31 million in its fourth quarter.

On a per-share basis, the Eden Prairie, Minnesota-based company said it had profit of $1.64. Earnings, adjusted for amortization costs and restructuring costs, were $1.92 per share.

The maker of products for cleaning floors, parking lots and hospitals posted revenue of $311.4 million in the period.

For the year, the company reported profit of $109.5 million, or $5.83 per share. Revenue was reported as $1.24 billion.

Tennant expects full-year earnings in the range of $6.05 to $6.65 per share, with revenue in the range of $1.27 billion to $1.3 billion.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TNC at https://www.zacks.com/ap/TNC