Tennant Co. (TNC) Tops Q4 EPS by 4c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus, FY21 Revenues Mid-Point Views Below Consensus

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Go back to Tennant Co. (TNC) Tops Q4 EPS by 4c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus, FY21 Revenues Mid-Point Views Below Consensus

Tennant Company Reports 2020 Full-Year and Fourth-Quarter Results

February 25, 2021 9:00 AM EST

Full-year net sales of $1.0 billion

Full-year GAAP net income of $33.7 million, or adjusted EBITDA of 11.9 percent of sales

Fourth-quarter net sales of $273.0 million, decline of 8.9 percent organically

Fourth-quarter GAAP diluted earnings per share of $0.13; adjusted diluted EPS of $0.48

Company provides 2021 guidance

MINNEAPOLIS--(BUSINESS WIRE)-- Tennant Company (Tennant) (NYSE: TNC), a world leader in the design, manufacture and marketing of solutions that help create a cleaner, safer, healthier world, today reported its fourth-quarter and full-year results for... More