Tennant Company Reports 2018 First Quarter Results

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Tennant Co. (TNC) Tops Q1 EPS by 12c

April 23, 2018 8:46 AM EDT

Tennant Co. (NYSE: TNC) reported Q1 EPS of $0.27, $0.12 better than the analyst estimate of $0.15. Revenue for the quarter came in at $273 million versus the consensus estimate of $251.93 million.

Killingstad concluded, We are confident that the structural and operational improvements we made in 2017 are and will continue to drive strong results in 2018, and we are pleased to increase our previously announced 2018 full year guidance ranges for sales, adjusted EPS and adjusted EBITDA. The multiple initiatives we have in place... More