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Tenneco Inc (TEN.N)

TEN.N on New York Stock Exchange

61.41USD
24 Apr 2017
Change (% chg)

$1.17 (+1.94%)
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Latest Key Developments (Source: Significant Developments)

Tenneco reports Q4 EPS of $0.73
Tuesday, 7 Feb 2017 07:30am EST 

Tenneco Inc : Tenneco reports fourth quarter and full-year 2016 results . Q4 earnings per share $0.73 . Q4 revenue $2.155 billion versus I/B/E/S view $2.09 billion . Q4 earnings per share view $1.44 -- Thomson Reuters I/B/E/S . Sees FY 2017 revenue up 5 percent . Sees Q1 2017 revenue up 7 percent . Says expects total revenue growth of 7 pct in Q1 2017 . Tenneco says expects to better industry with 4 pct organic growth, driven by incremental content to meet tier 3 and euro 6 emissions regulations . Says anticipates a currency headwind in Q1 of approximately 2 pct based on current exchange rates . Company expects FY 2017 total revenue growth to outpace light vehicle industry production by 4 percentage points, resulting in 5 pct growth in 2017 . In 2018 and 2019, Tenneco expects continued revenue growth, outpacing industry production by 3 to 5 percentage points each year . Sees 2017 capital expenditures between $360 million and $390 million . Company's FY 2017 revenue growth estimate assumes light vehicle industry production growth of 1 pct . For Q1 2017, co "expects a slight increase in commercial truck and off-highway revenues" .Qtrly adjusted earnings per share $1.67.  Full Article

Tenneco names Brian Kesseler as chief executive officer
Thursday, 2 Feb 2017 08:00am EST 

Tenneco Inc : Tenneco names Brian Kesseler as chief executive officer . Tenneco names Brian Kesseler as chief executive officer . Tenneco inc - sherrill will continue his tenure with Tenneco as executive chairman .Tenneco Inc- Kesseler succeeds Gregg Sherrill.  Full Article

Tenneco announces quarterly dividend and new share repurchase authorization
Wednesday, 1 Feb 2017 05:01pm EST 

Tenneco Inc : Tenneco announces quarterly dividend and new share repurchase authorization . Tenneco Inc says board authorized repurchase of up to $400 million of company's outstanding common stock over next three years .Tenneco Inc says intends to pay a quarterly dividend of $0.25 per share on its common stock.  Full Article

Tenneco appoints new chief technology officer
Tuesday, 20 Dec 2016 04:54pm EST 

Tenneco Inc : Tenneco - Ben Patel, vice president for clean air global research & development and systems integration, is being promoted to role of cto . Says cto and evp Tim Jackson to retire .Tenneco appoints new chief technology officer.  Full Article

Tenneco Q2 adjusted earnings per share $1.78
Friday, 29 Jul 2016 07:30am EDT 

Tenneco Inc : Tenneco reports second quarter 2016 results . Q2 adjusted earnings per share $1.78 . Q2 earnings per share $1.49 . Q2 earnings per share view $1.61 -- Thomson Reuters I/B/E/S . Q2 revenue view $2.24 billion -- Thomson Reuters I/B/E/S . Total revenue in Q2 was $2.2 billion, up 4 percent year-over-year . In Q3, Tenneco expects to outpace aggregate industry production by 2 percentage points . Sees Q3 revenue up 7 percent .For full year, company continues to expect total revenue growth of 6 percent year-over-year.  Full Article

Tenneco announces results for the tender offer for its 6 7/8% senior notes due 2020
Monday, 13 Jun 2016 06:32pm EDT 

Tenneco Inc: Tenneco announces results for the tender offer for its 6 7/8% senior notes due 2020 and the redemption of all remaining 6 7/8% senior notes due 2020 .Redeem all of 2020 notes that remain outstanding following settlement of tender offer at a redemption price of 103.438% of principal amount.  Full Article

Tenneco commences offer for outstanding $500 mln 6 7/8 pct senior notes due 2020
Monday, 6 Jun 2016 08:09am EDT 

Tenneco Inc : Commenced a cash tender offer for any and all of its outstanding $500 million 6 7/8% senior notes due 2020 .Tenneco commences tender offer for its 6 7/8% senior notes due 2020.  Full Article

Tenneco Inc gives Q4 2014 revenue guidance; reaffirms FY 2015 revenue guidance
Friday, 23 Oct 2015 07:00am EDT 

Tenneco Inc:Expects Q4 2015 revenue growth of 6 pct.Expects FY 2015 revenue growth of 5 pct.Reported revenue of $8.42 bln in FY 2014.Q4 2015 revenue of $2.02 bln - Thomson Reuters I/B/E/S.FY 2015 revenue of $8.22 bln - Thomson Reuters I/B/E/S.  Full Article

TenneCo Inc expands share repurchase program
Friday, 23 Oct 2015 06:55am EDT 

TenneCo Inc:Expands share repurchase program.Says authorizing the repurchase of an additional $200 million of the company's outstanding common stock.Says authorization is in addition to the $350 million share repurchase program the company announced in February 2015.Says company anticipates acquiring the shares will be funded through cash from operations.Says anticipates completing the additional $200 million share repurchase authorization by the end of 2017.Repurchase will be funded through cash from operations.Tenneco expects to complete by the end of 2016 previously announced $350 million share repurchase program.  Full Article

TenneCo Inc comments on FY 2015 revenue guidance
Friday, 24 Jul 2015 07:45am EDT 

TenneCo Inc:Says that it expects FY 2015 total full year revenue growth of 5 pct.  Full Article

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