Tenneco Reports Fourth Quarter and Full-Year 2015 Results
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Barclays Upgrades Tenneco (TEN) to Overweight
February 11, 2016 7:43 AM ESTBarclays upgraded Tenneco (NYSE: TEN) from Equalweight to Overweight with a price target of $55.00.
For an analyst ratings summary and ratings history on Tenneco click here. For more ratings news on Tenneco click here.
Shares of Tenneco closed at $41.35 yesterday.
... MoreTenneco (TEN) Tops Q4 EPS by 25c, Comments on Outlook
February 9, 2016 8:10 AM ESTTenneco (NYSE: TEN) reported Q4 EPS of $1.39, $0.25 better than the analyst estimate of $1.14. Revenue for the quarter came in at $2.03 billion versus the consensus estimate of $2.03 billion.
Full year 2016
As previously announced, the company expects total revenue to grow 5% in 2016, excluding the impact of currency, driven by:
Incremental light vehicle Clean Air revenue from 2015 launches and new launches in 2016;
Incremental revenue from Monroe® Intelligent Suspension programs with four new launches in 2016 and the continued ramp-up on programs launched in... More
