Tenneco (TEN) Tops Q1 EPS by 11c
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Tenneco Reports First Quarter 2017 Results
May 1, 2017 8:00 AM EDTRecord-high first quarter revenue, outpacing industry production Record-high EBIT, net income and EPS Improved cash flow from operations
LAKE FOREST, Ill.--(BUSINESS WIRE)-- Tenneco Inc. (NYSE: TEN) reported record first quarter net income of $63 million, or $1.16 per diluted share, compared with $57 million, or 99-cents per diluted share in first quarter 2016. Adjusted net income increased 24% to a first quarter record high of $83 million, compared with $67 million last year. First quarter adjusted earnings per share also rose to a new record... More
