Tenneco quarterly net earnings fall

Newswire

CHICAGO, April 26 (Reuters) - Auto parts maker Tenneco Inc. said on Thursday that quarterly earnings fell. Net income fell to $3 million, or 7 cents per share, in the first quarter, from $7 million, or 14 cents per share, a year earlier. Excluding one-time items, adjusted earnings were 17 cents a share. Revenue rose 24 percent to $1.4 billion. Analysts, on average, expected Lake Forest, Illinois-based Tenneco to report earnings of 13 cents per share before one-time items and revenue of ...

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