Tenaris Q4 Earnings Preview

Tenaris TS unveils its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for today's Q4 earnings announcement

Earnings and Revenue

Based on management's projections, Tenaris analysts model for earnings of 18 cents per share on sales of $1.49 billion.

Tenaris EPS in the same period a year ago totaled 6 cents per share. Revenue was $1.04 billion. The Wall Street estimate would represent a 200 percent increase in the company's earnings. Sales would be up 42.45 percent on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares of Tenaris have declined 0.38 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.

Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on Tenaris stock is a Neutral. The strength of this rating has risen over the past 90 days.

Conference Call

Tenaris' Q4 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here: http://ir.tenaris.com/releases.cfm