Tennant Co. (TNC) Misses Q4 EPS by 2c

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Tennant Company Reports 2015 Fourth Quarter and Full Year Results

February 23, 2016 8:45 AM EST

Fourth quarter net sales of $205.9 million and diluted EPS of $0.73, or $0.78 as adjusted;
On a Constant Currency basis, fourth quarter net sales of $216.7 million increased 0.2 percent versus prior year quarter and adjusted diluted EPS of $0.93 was equal to prior year quarter;
Incurs fourth quarter restructuring charge of $0.09 per diluted share

2015 full year net sales of $811.8 million versus record year-ago net sales of $822.0 million;
Full year diluted EPS of $1.74, or $2.49 as adjusted;
On a Constant Currency basis, 2015 full year net sales of $857.1 million... More