Tenneco Reports Second Quarter 2017 Results
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Tenneco (TEN) PT Lowered to $62 at Jefferies Following 2Q
July 31, 2017 8:27 AM EDTJefferies lowered its price target on Tenneco (NYSE: TEN) to $62.00 (from $67.00) while maintaining a Hold rating. TEN reporteds 2Q adjusted EPS of $1.90 beating consensus estimates of $1.80. Revenues of $2.32B came in ahead of consensus estimates of $2.27B.
Analyst David Kelley raised 2017 and 2018 EPS estimates to $6.58... More
Tenneco (TEN) Tops Q2 EPS by 10c; Raises Outlook
July 28, 2017 6:02 AM EDTTenneco (NYSE: TEN) reported Q2 EPS of $1.90, $0.10 better than the analyst estimate of $1.80. Revenue for the quarter came in at $2.32 billion versus the consensus estimate of $2.27 billion.
Third quarter 2017
In the third quarter, Tenneco expects year-over-year revenue growth of approximately 7% on a constant currency basis, outpacing estimated light vehicle industry production growth** by 5 percentage points. The company anticipates minimal currency impact on the year-over-year... More
