Tenneco Inc. (NYSE:TEN) is set to announce third quarter earning results on Monday 2nd November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, TEN to report 3Q20 income of $ 0.44 per share.
For the full year, analysts anticipate top line of $ 14262.70 million, while looking forward to loss of $ 2.18 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 16,700.00 million ~ $ 17,100.00 million
Click Here For More Historical Outlooks Of Tenneco Inc.
Previous Quarter Performance
Tenneco Inc. outlined loss for the second quarter of $ 2.15 per share, from the revenue of $ 2,637.00 million. The quarterly revenues fell 41.45 percent compared with the same quarter last year. The consensus estimates are loss of $ 3.52 per share from $ 2173.08 million in revenue. The bottom line results beat street analysts by $ 1.37 or 38.92 percent, at the same time, top line results outshined analysts by $ 463.92 million or 21.35 percent.
Stock Performance
On Friday, shares of Tenneco Inc. has traded high as $ 8.70 and has cracked $ 8.14 on the downward trend, reaching $ 8.62 with volume of 1.13 million shares.
According to the previous trading day, closing price of $ 8.62, representing a 288.69 % increase from the 52 week low of $ 2.21 and a 47.27 % decrease over the 52 week high of $ 16.29.
The company has a market capital of $ 700.48 million and is part of the Consumer Cyclical sector and Auto Parts industry.
Conference Call
Tenneco Inc. will be hosting a conference call at 10:00 AM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.tenneco.com
Tenneco Inc. designs, manufactures, and sells clean air, powertrain, and ride performance products and systems for light vehicle, commercial truck, off-highway, industrial, and aftermarket customers worldwide. The company offers clean air products and systems, including catalytic converters and diesel oxidation catalysts, diesel particulate filters, burner systems, lean nitrogen oxide (NOx) traps, hydrocarbon vaporizers and injectors, selective catalytic reduction (SCR) systems, SCR-coated diesel particulate filters systems, urea dosing systems, four-way catalysts, alternative NOx reduction technologies, mufflers and resonators, fabricated exhaust manifolds, pipes, hydroformed assemblies, elastomeric hangers and isolators, and aftertreatment control units.
