Tenaris Projects Q4 EPS $0.76 with 2% Estimate Revision and Mixed Sales Trends
Tenaris S.A. is projected to post Q4 EPS of $0.76 per share, down 19.2% year-over-year, on revenues of $2.92 billion, up 2.7%, with consensus EPS estimates having risen 2% over the past month. Analysts forecast North American tube sales of $1.39 billion (+22.6%) versus European sales plummeting 45.8% to $184.9 million.
1. Q4 Earnings and Revenue Outlook
Wall Street analysts forecast Tenaris S.A. will report Q4 EPS of $0.76, marking a 19.2% decline year-over-year, on revenues of $2.92 billion, up 2.7% from the prior-year quarter.
2. Regional Net Sales Forecasts
Net tube sales in North America are projected at $1.39 billion (+22.6%), Asia Pacific–Middle East & Africa at $700.7 million (+11.4%), while Europe is expected to see sales drop 45.8% to $184.9 million and South America to $517.5 million (-13%).
3. Sales Volumes and Operating Income Estimates
Total tube volume is forecast at 951 thousand metric tons (+4.2% y-o-y), including 763k seamless and 188k welded units, with operating income on tubes estimated at $476.9 million and other operations at $18.4 million.
4. Estimate Revisions and Share Performance
Consensus EPS estimates for the quarter have been revised up 2% over the past month, while Tenaris shares have risen 14.7% in the last 30 days versus a 0.3% drop in the S&P 500 composite.