Tennant Co. (TNC) Tops Q4 EPS by 9c, Offers Guidance
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Tennant Company Reports Strong 2021 Full Year Results and Provides Full Year 2022 Guidance
February 24, 2022 9:00 AM ESTRecord full year net income of $64.9 million on net sales of $1.09 billion representing 9.1% organic sales growth Fourth quarter net income of $7.9 million on net sales of $276.4 million representing 4.5% organic sales growth versus the prior year period Full year adjusted EBITDA of $140.2 million, or 12.9 percent of sales; adjusted diluted EPS of $4.39 Fourth quarter adjusted EBITDA of $28.4 million, or 10.3 percent of sales; adjusted diluted EPS of $0.71 Tennant announces 2022 GAAP earnings guidance in range of $3.90 to $4.50 per diluted share and adjusted EBITDA of $145 million to $160 million, in line with long-term... More
