Tennant Co. (TNC) Tops Q4 EPS by 9c

Tennant Co. (NYSE: TNC) reported Q4 EPS of $0.85, $0.09 better than the analyst estimate of $0.76. Revenue for the quarter came in at $211.7 million versus the consensus estimate of $213.61 million.

• Announces 2017 first quarter restructuring to support key strategic initiatives and lower costs

Tennant Company estimates 2017 full year net sales in the range of $810 million to $830 million.

On an as adjusted and “Constant Currency” basis (assuming no change in foreign exchange rates from the prior year), 2017 full year earnings are anticipated to be in the range of $2.60 to $2.80 per share.

(Street sees FY EPS of $2.83)

(Street sees FY

For earnings history and earnings-related data on Tennant Co. (TNC) click here.

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