Tennant Co. (TNC) Tops Q4 EPS by 25c, Offers Guidance
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Tennant Company Reports 2022 Fourth Quarter and Full Year Results and Provides Full Year 2023 Guidance
February 23, 2023 9:00 AM ESTFull year net income of $66.3 million on net sales of $1,092.2 million representing 0.1% growth, or 4.2% on an organic basis, and earnings per diluted share of $3.55 Full year Adjusted EBITDA of $133.7 million, or 12.2% of sales; adjusted diluted EPS of $4.10 Fourth quarter net income of $23.8 million on net sales of $291.0 million representing 5.3% growth, or 9.7% on an organic basis, and earnings per diluted share of $1.27 Fourth quarter Adjusted EBITDA of $41.7 million, or 14.3% of sales; adjusted diluted EPS of $1.46 Tennant announces full year 2023 guidance; adjusted net income of $3.70 to $4.50 per diluted share and Adjusted... More
