EDEN PRAIRIE, Minn. (AP) — EDEN PRAIRIE, Minn. (AP) — Tennant Co. (TNC) on Monday reported a loss of $4.4 million in its fourth quarter.
On a per-share basis, the Eden Prairie, Minnesota-based company said it had a loss of 23 cents. Earnings, adjusted for non-recurring costs and restructuring costs, came to $1.39 per share.
The maker of products for cleaning floors, parking lots and hospitals posted revenue of $291.6 million in the period.
For the year, the company reported profit of $43.8 million, or $2.36 per share. Revenue was reported as $1.2 billion.
Tennant expects full-year earnings in the range of $4.70 to $5.30 per share, with revenue in the range of $1.24 billion to $1.28 billion.
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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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