Tenneco Reports Third Quarter 2020 Results
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Tenneco (TEN) Misses Q3 EPS by 11c, Revenues Beat
November 2, 2020 7:34 AM ESTTenneco (NYSE: TEN) reported Q3 EPS of $0.33, $0.11 worse than the analyst estimate of $0.44. Revenue for the quarter came in at $4.3 billion versus the consensus estimate of $3.9 billion.
Revenue of $4.3 billion, down 2% versus prior year, excluding favorable currency of $17 million. Value-add revenue for the third quarter 2020 was $3.3 billion, versus $3.5 billion in the prior year.The Company reported a net loss for the third... More