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TenneCo Inc Comments On FY, Q1 2013 Revenue Guidance; Issues FY 2017 Revenue Guidance-Conference Call


Wednesday, 27 Mar 2013 05:30pm EDT 

TenneCo Inc announced that it expected fiscal 2013 shaping up as overall a good year, just with the first quarter being relatively tough. Total revenue in the first quarter 2013 would be slightly down year-over-year; but overall, throughout the year, the Company should certainly see revenue growth on a full-year basis. The Company going forward expects up to about a $10 billion revenue line in fiscal 2017. The Company reported revenues of $1.912 billion in the first quarter of 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $1.814 billion for the first quarter of 2013 and revenues of $7.743 billion in fiscal 2013. 

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