Tenneco Earnings Preview: Get Ahead of the Analysts

Tenneco (NYSE:TEN) will report earnings before markets open on Monday, April 29th. Tenneco Inc. designs, manufactures, and markets emission control and ride control products and systems for the automotive original equipment market and the aftermarket. The Company’s products include shocks and struts, shock absorbers, mufflers, and performance exhaust products, as well as noise, vibration, and harshness control components.

Here is your Cheat Sheet to Tenneco Earnings:

Earnings Expectations: Analysts expect earnings of $0.64 per share on revenues of $1.85 billion. Currently, the company’s P/E ratio stands at 7.90.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.17 to a profit $1.1. For the current year, the average estimate is a profit of $3.6, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Tenneco has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 5,916 4,649 5,937 7,205 7,363
Diluted EPS ($) -8.95 -1.50 0.63 2.55 4.50

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 1,784 1,912 1,920 1,778 1,753
Diluted EPS ($) 0.50 0.49 1.42 2.05 0.54

Past Performance:
Tenneco has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)