Brief: Tennant Co Reports 2019 Second-Quarter Earnings Per Share Of $0.81

Tennant

31/07/2019 14:37

July 31 (Reuters) - Tennant Co  TNC.N :
    * MPANY REPORTS 2019 SECOND-QUARTER RESULTS
    * Q2 EARNINGS PER SHARE $0.81
    * SEES FY 2019 ADJUSTED EARNINGS PER SHARE $2.65 TO $2.85
    * SEES FY 2019 GAAP EARNINGS PER SHARE $1.80 TO $2.00
    * Q2 ADJUSTED EARNINGS PER SHARE $1.13 EXCLUDING ITEMS
    * SEES FY 2019 SALES $1.15 BILLION TO $1.165 BILLION
    * Q2 SALES ROSE 2.6 PERCENT TO $299.7 MILLION
    * TENNANT - EXCLUDING IMPACT OF RECENT GAOMEI ACQUISITION
AND
FOREIGN CURRENCY, QTRLY ORGANIC SALES GREW 3.8 PERCENT
    * "TENNANT CONTINUES TO FACE MIXED MARKET CONDITIONS AND
VARIOUS
ECONOMIC HEADWINDS, AND INTERNALLY, WE REMAIN A COMPANY IN
TRANSITION"

Source text for Eikon:  ID:nBw1xf4nHa 
Further company coverage:  TNC.N 

 ((Reuters.Briefs@thomsonreuters.com;))