Brief: Tennant Reports Q1 Earnings Per Share Of $1.37

Tennant

04/05/2021 14:48

May 4 (Reuters) - Tennant Co  TNC.N :
    * MPANY REPORTS 2021 FIRST-QUARTER RESULTS AND RAISES
FULL-YEAR
GUIDANCE
    * Q1 ADJUSTED EARNINGS PER SHARE $1.17
    * Q1 EARNINGS PER SHARE $1.37
    * Q1 SALES ROSE 3.1 PERCENT TO $263.3 MILLION
    * SEES NET SALES OF $1.090 BILLION TO $1.110 BILLION,
REFLECTING
ORGANIC SALES GROWTH OF 9 TO 11 PERCENT FOR 2021
    * SEES FULL-YEAR REPORTED GAAP EARNINGS IN RANGE OF $3.45 TO
$3.85
PER DILUTED SHARE
    * SEES ADJUSTED EPS OF $4.10 TO $4.50 PER DILUTED SHARE FOR
2021,
WHICH EXCLUDES CERTAIN NON-OPERATIONAL ITEMS AND AMORTIZATION
EXPENSE
    * FY2021 EARNINGS PER SHARE VIEW $3.47, REVENUE VIEW $1.06
BILLION
-- REFINITIV IBES DATA
    * QTRLY CONSOLIDATED NET SALES UP 4.4% ON NON-ORGANIC BASIS

Source text for Eikon:  ID:nBw8fVYHfa 
Further company coverage:  TNC.N 

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