Tenneco (TEN) Tops Q2 EPS by 5c
Tenneco (NYSE: <
"We are making excellent progress on growing our businesses, particularly as we launch and ramp-up commercial vehicle emission control programs, which contributed to our record-high quarterly revenue and earnings," said Gregg Sherrill, chairman and CEO, Tenneco. "We are also pleased with our robust growth in emerging markets including China, where we are investing to keep pace with expanding opportunities."
a href="quote.php?q=TEN">TEN) reported Q2 EPS of $0.81, $0.05 better than the analyst estimate of $0.76. Revenue for the quarter came in at $1.89 billion versus the consensus estimate of $1.77 billion.
"We are making excellent progress on growing our businesses, particularly as we launch and ramp-up commercial vehicle emission control programs, which contributed to our record-high quarterly revenue and earnings," said Gregg Sherrill, chairman and CEO, Tenneco. "We are also pleased with our robust growth in emerging markets including China, where we are investing to keep pace with expanding opportunities."