Unusual Options Activity Insight: Tenneco
Shares of Tenneco (NYSE:TEN) saw some unusual options activity on Monday. Following the unusual option alert, the stock price moved down to $16.54.
Tenneco Sees FY21 Sales $18.3B-$18.6B vs $17.97B Est.
For 2021, has updated its full year guidance ranges, reconfirmed the midpoint of its full-year adjusted EBITDA guidance of $1.4 billion and continues to expect its net debt to fall
Tenneco Q2 Adj. EPS $0.84 Beats $0.79 Estimate, Sales $4.60B Beat $4.42B Estimate
Tenneco (NYSE:TEN) reported quarterly earnings of $0.84 per share which beat the analyst consensus estimate of $0.79 by 6.33 percent. This is a 139.07 percent increase over losses of $(2.15) per share from the same
Earnings Scheduled For August 5, 2021
Companies Reporting Before The Bell
• OneSpaWorld Holdings (NASDAQ:OSW) is projected to report quarterly loss at $0.20 per share on revenue of $6.42 million.
Morgan Stanley Maintains Underweight on Tenneco, Raises Price Target to $8
Morgan Stanley analyst Adam Jonas maintains Tenneco (NYSE:TEN) with a Underweight and raises the price target from $7 to $8.
58 Biggest Movers From Friday
Gainers
CAI International, Inc. (NYSE: CAI) shares surged 46.9% to close at $56.05 on Friday after the company agreed to a $1.1 billion takeover by Mitsubishi HC Capital Inc.
Stocks That Hit 52-Week Highs On Thursday
Before 10 a.m. ET on Thursday, 258 companies set new 52-week highs.