More on Tenneco's Q3

|About: Tenneco Inc. (TEN)|By:, SA News Editor

Tenneco (TEN N/A) reports revenue rose 6% if the impact of currency swings is backed out in Q3.

Clean Air division revenue up 7.7% to $1.57B.

Ride Performance division revenue expanded 10.4% to $702M.

Original equipment light vehicle revenue grew 6.9% to $1.68B.

Global aftermarket revenue was slightly lower Y/Y.

Adjusted EBIT fell 70 bps to 6.8%.

Q4Guidance: Revenue: +3% (excluding currency impact).

FY2017 Guidance: Revenue: +6% (excluding currency impact).; Tax rate: 26% to 27%.