EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — Tennant Co. (TNC) on Friday reported profit of $28.4 million in its first quarter.
On a per-share basis, the Eden Prairie, Minnesota-based company said it had net income of $1.49. Earnings, adjusted for non-recurring costs and amortization costs, were $1.81 per share.
The maker of products for cleaning floors, parking lots and hospitals posted revenue of $311 million in the period.
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
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
