Market Overview

Tenaris Q4 Earnings Preview

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Tenaris (NYSE: 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:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.1 0.09 0.04 0.03
EPS Actual 0.18 0.13 0.35 0.06

 

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

Posted-In: Earnings News Previews Trading Ideas

 

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