Tennant Co. (TNC) Tops Q4 EPS by 4c; Offers FY20 EPS Guidance Above Consensus

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Go back to Tennant Co. (TNC) Tops Q4 EPS by 4c; Offers FY20 EPS Guidance Above Consensus

Tennant Company Reports 2019 Full-Year and Fourth-Quarter Results

February 20, 2020 9:00 AM EST

Full-year net sales of $1.14 billion, increase of 2.2 percent organically

Full-year GAAP net income of $45.8 million, or $2.48 per diluted share; adjusted diluted EPS of $2.90

Full-year adjusted EBITDA Growth of 13.3 percent; up 120 bps to 12.0 percent of sales

Fourth-quarter net sales of $294.8 million, increase of 2.8 percent organically

Fourth-quarter GAAP diluted earnings per share of $0.59; adjusted diluted EPS of $0.64 per share

Company provides 2020 guidance

MINNEAPOLIS--(BUSINESS WIRE)-- Tennant Company (Tennant) (NYSE:... More