Latest News by Industry
EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — Tennant Co. (TNC) on Thursday reported earnings of $23.8 million in its fourth quarter.
The Eden Prairie, Minnesota-based company said it had net income of $1.27 per share. Earnings, adjusted for amortization costs and restructuring costs, came to $1.46 per share.
The maker of products for cleaning floors, parking lots and hospitals posted revenue of $291 million in the period.
For the year, the company reported profit of $66.3 million, or $3.55 per share. Revenue was reported as $1.09 billion.
Tennant expects full-year earnings in the range of $3.70 to $4.50 per share, with revenue in the range of $1.12 billion to $1.16 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a TNC">Zacks stock report on TNC at https://www.zacks.com/ap/TNC