Tenneco (TEN) Tops Q1 EPS by 59c, Revenues Beat
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Tenneco Reports First Quarter 2020 Results
May 8, 2020 6:30 AM EDTLAKE FOREST, Ill., May 8, 2020 /PRNewswire/ -- Tenneco (NYSE: TEN) reported first quarter 2020 revenue of $3.8 billion, versus $4.5 billion a year ago. Excluding unfavorable currency of $97M, total revenue decreased 12% versus last year, while light vehicle industry production* declined 23% in the quarter. Value-add revenue for the first quarter was $3.1 billion.  The Company estimates the COVID-19 crisis represented approximately a $340 million negative impact on first quarter value-add... More
