Tennant: Q1 Earnings Snapshot

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

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