Tennant: Q1 Earnings Snapshot
EDEN PRAIRIE, Minn. (AP) _ Tennant Co. (TNC) on Tuesday reported first-quarter earnings of $25.7 million.
On a per-share basis, the Eden Prairie, Minnesota-based company said it had profit of $1.37. Earnings, adjusted for non-recurring gains, were $1.17 per share.
The maker of products for cleaning floors, parking lots and hospitals posted revenue of $263.3 million in the period.
Tennant expects full-year earnings in the range of $4.10 to $4.50 per share, with revenue in the range of $1.09 billion to $1.11 billion.
Tennant shares have risen 14% since the beginning of the year. The stock has climbed 37% in the last 12 months.