Tenneco (TEN) Misses Q2 EPS by 12c

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Tenneco Reports Second Quarter 2016 Results

July 29, 2016 7:30 AM EDT

Revenue growth continuing to outpace industry production Record-high second quarter EBIT Year-over-year margin expansion Record-high second quarter EPS

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Tenneco (NYSE: TEN) reported second quarter net income of $86 million, or $1.49 per diluted share, compared with $78 million, or $1.26 per share in second quarter 2015, an improvement of 18% on a per share basis. Adjusted net income rose to $102 million, or $1.78 per diluted share, versus $86 million or $1.39 per share last year, representing EPS growth of 28%... More