Earning Analysis
Welcome to our in-depth analysis of Tenaris SA(TS) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Tenaris SA earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
| FY2025Q3 | 2025-10-29 | After Hours | 0.75 | 0.85 | +13.33 | 2.85B | 2.98B | +4.63 | +4.88 | +4.54 |
| FY2025Q2 | 2025-07-30 | After Hours | 0.88 | 0.99 | +12.50 | 3.00B | 3.09B | +3.02 | -5.97 | -3.71 |
| FY2025Q1 | 2025-04-30 | After Hours | 0.80 | 0.94 | +17.50 | 2.87B | 2.92B | +1.80 | -1.59 | +0.45 |
| FY2024Q4 | 2025-02-19 | After Hours | 0.70 | 0.94 | +34.29 | 2.71B | 2.85B | +5.18 | -0.69 | -3.52 |
| FY2024Q2 | 2024-07-31 | - | 0.97 | 0.59 | -39.18 | 3.29B | 3.32B | +1.00 | +1.30 | -11.74 |
| FY2024Q1 | 2024-04-25 | - | 1.04 | 1.27 | +22.12 | 3.39B | 3.44B | +1.41 | +0.19 | -10.93 |
| FY2023Q4 | 2024-02-21 | - | 1.03 | 1.92 | +86.41 | 3.09B | 3.41B | +10.63 | +1.24 | +11.91 |
| FY2023Q3 | 2023-11-01 | - | 1.18 | 0.91 | -22.88 | 3.22B | 3.24B | +0.45 | +1.63 | +9.77 |
| FY2023Q2 | 2023-08-02 | - | 1.63 | 1.90 | +16.56 | 3.76B | 4.07B | +8.33 | -1.90 | -1.76 |
| - | 2023-04-26 | - | 1.65 | 1.91 | +15.76 | - | - | - | -0.18 | -4.34 |
TS Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Tenaris SA reported performance for FY2025Q3, announced on 2025-10-29. The company achieved an EPS of 0.85, compared to analyst estimates of 0.75 by 13.33% . Revenue for the quarter reached 2.98B compared to expectations of 2.85B by 4.63% .
The stock price reacted with a 4.88% one-day change and a 4.54% five-day change following the earnings release. These movements reflect market reaction in Tenaris SA growth trajectory and strategic initiatives.
TS Earnings Forecast
Looking ahead, Tenaris SA(TS) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q4 project quarter revenue of 2.96B and an EPS of 0.80.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Upward by 0.66%, while EPS estimates have been Revise Downward by -0.24%. For the upcoming Q4 2025, revenue estimates have been adjusted Revise Upward by 2.73% . These revisions correlate with a 18.52% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Tenaris SA long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between TS's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Upward
+0.66%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward
-0.24%
In Past 3 Month
Revenue Estimates for Q4 2025
Revise Upward
+2.73%
In Past 3 Month
Stock Price
Go Up
+18.52%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
--
Revenue Estimate-Annual FY 2025:11.97B
--
EPS Estimate-Annual FY 2025:3.49
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Stock Price41.34
TS Revenue and EPS Performance: A Historical Perspective
Tenaris SA revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q3 (2025-10-29,After Hours):
EPS: 0.85 (Actual) vs.0.75 (Estimate) (13.33%)
Revenue: 2.98B (Actual) vs. 2.85B (Estimate) (4.63%)
Price Reaction: 4.88%(1-Day), 4.54%(5-Day)
FY2025Q2 (2025-07-30,After Hours):
EPS: 0.99 (Actual) vs.0.88 (Estimate) (12.50%)
Revenue: 3.09B (Actual) vs. 3.00B (Estimate) (3.02%)
Price Reaction: -5.97%(1-Day), -3.71%(5-Day)
FY2025Q1 (2025-04-30,After Hours):
EPS: 0.94 (Actual) vs.0.80 (Estimate) (17.50%)
Revenue: 2.92B (Actual) vs. 2.87B (Estimate) (1.80%)
Price Reaction: -1.59%(1-Day), 0.45%(5-Day)
Earnings Reaction
The chart below shows how TS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, TS sees a -0.54% change in stock price 10 days leading up to the earnings, and a +0.32% change 10 days following the report. On the earnings day itself, the stock moves by -0.19%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in SEP/2025, the stock changed 4.88% on the day following the earnings release and then changed by 7.54% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
Tenaris SA (TS) Q3 2025 Earnings Call Summary
Neutral
2025-10-30
The earnings call presents a mixed outlook. Financial performance shows strong sales and a positive cash position, but margins are expected to decline due to tariffs. The Q&A reveals concerns about future EBITDA impacts and uncertainties in guidance, yet there's optimism in market expansions and shareholder returns. The strategic plan indicates potential growth in 2026, but short-term challenges remain. Overall, the sentiment is balanced, leading to a neutral prediction for stock price movement.
Tenaris SA (TS) Q2 2025 Earnings Call Summary
Neutral
2025-07-31
The earnings call presents a mixed outlook. While there are positive developments like the multi-year award from Chevron and record shipments, the guidance for the second half of 2025 is weak, with expected sales declines and tariff impacts. The Q&A reveals concerns about margin pressures and uncertainties in the fourth quarter. The share buyback program is a positive factor, but the lack of clear guidance and potential for lower activity due to oil prices and tariffs balance the sentiment to neutral.
Tenaris SA (TS) Q1 2025 Earnings Call Summary
Neutral
2025-05-01
The earnings call highlights mixed signals: financial performance shows a decline in sales but an increase in EBITDA and net cash position, indicating operational efficiency. However, macroeconomic uncertainties, potential impacts from low oil prices, and tariff challenges create concerns. The Q&A reveals high uncertainty and management's vague responses about future impacts, particularly regarding oil prices and Pemex. Share buybacks are a positive factor, but overall, the lack of clear guidance and potential risks balance the positives, leading to a neutral sentiment.
Tenaris S.A. (TS) Q3 2024 Earnings Call Summary
Neutral
2024-11-07
The earnings call presents a mixed outlook: while there are positive aspects like increased dividends and share buybacks, there are also challenges such as decreased sales and price reductions. The Q&A reveals uncertainties regarding the impact of US policies and M&A opportunities, but management's expectation of stable margins and increased future activity provides some optimism. The absence of clear guidance on certain issues tempers the overall sentiment, leading to a neutral prediction for the stock price movement.
Tenaris S.A. (TS) Q2 2024 Earnings Call Summary
Negative
2024-08-01
The earnings call summary and Q&A reveal several challenges: declining sales, high OCTG imports, and price pressures. Despite strong shareholder returns, financial performance is weak with a 18% sales drop and reduced EBITDA. The Q&A highlights concerns about margins and destocking trends. The negative impact of litigation provisions and economic instability in key regions further dampen prospects. Given these factors, the stock price is expected to react negatively in the short term.
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FAQ
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