Investing.com - Tenneco reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Tenneco announced earnings per share of $-0.53 on revenue of $4.93B. Analysts polled by Investing.com anticipated EPS of $0.89 on revenue of $4.75B.
Tenneco shares are down 41.27% from the beginning of the year , still down 0.30% from its 52 week high of $19.90 set on Wednesday, November 2, 2022.
Tenneco follows other major Consumer Discretionary sector earnings this month
Tenneco's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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