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Tenneco: Q1 Earnings Insights

Shares of Tenneco (NYSE:TEN) rose 6% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were down 159.62% over the past year to ($0.31), which beat the estimate of ($0.90).

Benzinga · 05/08/2020 11:40

Shares of Tenneco (NYSE:TEN) rose 6% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were down 159.62% over the past year to ($0.31), which beat the estimate of ($0.90).

Revenue of $3,836,000,000 lower by 14.45% from the same period last year, which beat the estimate of $3,620,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Tenneco hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: May 08, 2020

Webcast URL: https://78449.choruscall.com/dataconf/productusers/ten/mediaframe/37360/indexr.html

Price Action

Company's 52-week high was at $21.00

Company's 52-week low was at $2.21

Price action over last quarter: down 57.48%

Company Description

Tenneco's emissions-control products meet strict air-quality legislation, optimize engine performance, improve fuel economy, and acoustically tune engine sound to fit a vehicle's profile. Ride-control products enhance safety by enabling improved steering, braking, and acceleration as well as improving ride comfort. Champion, Fel-Pro, Moog, Monroe, and Walker are some of Tenneco's well-known aftermarket brands.