Tenneco Reports First Quarter 2020 Results
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Tenneco (TEN) Tops Q1 EPS by 59c, Revenues Beat
May 8, 2020 6:33 AM EDTTenneco (NYSE: TEN) reported Q1 EPS of ($0.31), $0.59 better than the analyst estimate of ($0.90). Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $3.62 billion.
"Tenneco responded quickly to the COVID-19 crisis to protect our team members' health and safety while taking aggressive actions to mitigate the financial impact of the pandemic on the company," said Brian Kesseler, Tenneco's Chief Executive Officer. "We expanded on the structural cost reductions introduced last quarter, and implemented a range of temporary cost reductions including... More
