Tenneco (NYSE: TEN) reported Q4 EPS of $1.67, $0.23 better than the analyst estimate of $1.44. Revenue for the quarter came in at $2.16 billion versus the consensus estimate of $2.09 billion.

"We finished the year with a solid fourth quarter and another year of record results, with full-year total revenue again outpacing industry production," said Gregg Sherrill, chairman and CEO, Tenneco. "We also continued to do an excellent job converting this top line growth to drive record-high earnings for 2016 and greater profitability with our seventh consecutive full year of value-add adjusted EBIT margin improvement."

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