Brief: Tennant Q3 Adjusted Earnings Per Share $0.63 Excluding Items

Tennant

30/10/2019 13:25

Tennant Co  TNC.N :
    * MPANY REPORTS 2019 THIRD-QUARTER RESULTS
    * Q3 EARNINGS PER SHARE $0.79
    * Q3 SALES ROSE 2.7 PERCENT TO $280.7 MILLION
    * Q3 ADJUSTED EARNINGS PER SHARE $0.63 EXCLUDING ITEMS
    * COMPANY UPDATES 2019 GUIDANCE FOR NET SALES, ADJUSTED
EBITDA AND
EPS
    * SEES FY NET SALES OF $1.135 BILLION TO $1.145 BILLION,
REFLECTING ORGANIC SALES GROWTH OF 1.8 TO 2.6 PERCENT
    * SEES FY GAAP EARNINGS IN RANGE OF $2.40 TO $2.50 PER
DILUTED
SHARE
    * SEES FY ADJUSTED EPS OF $2.80 TO $2.90 PER DILUTED SHARE
    * SEES FY CAPITAL EXPENDITURES IN RANGE OF $30 MILLION TO
$35
MILLION
    * SEES FY ADJUSTED EBITDA OF $134 MILLION TO $136 MILLION

Source text for Eikon:  ID:nBwbK43d2a 
Further company coverage:  TNC.N