Tenneco Reports Third Quarter 2019 Results

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Tenneco (TEN) Tops Q3 EPS by 27c, Revenues Beat; Offers FY19 Revenue Guidance Below Consensus

October 31, 2019 7:10 AM EDT

Tenneco (NYSE: TEN) reported Q3 EPS of $1.23, $0.27 better than the analyst estimate of $0.96. Revenue for the quarter came in at $4.3 billion versus the consensus estimate of $4.26 billion.

"Tenneco's revenue growth outpaced industry production by six percentage points, driven by higher light vehicle, off-highway and other revenues," said Roger Wood, co-CEO, Tenneco. "We also delivered year-over-year margin... More