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 November 2.
Tenneco follows other major Consumer Discretionary sector earnings this month
Tenneco's report follows an earnings beat by Amazon.com on October 27, 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 October 19 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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