Tenaris Announces 2018 Fourth Quarter and Annual Results
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Tenaris SA (TS) Misses Q4 EPS by 5c, Slight Beat on Revenues
February 20, 2019 4:30 PM ESTTenaris SA (NYSE: TS) reported Q4 EPS of $0.38, $0.05 worse than the analyst estimate of $0.43. Revenue for the quarter came in at $2.11 billion versus the consensus estimate of $2.1 billion.
Market Background and Outlook
Drilling activity in the US shales continued to grow in 2018, following the previous years strong recovery, while drilling activity in Canada was affected at the end of the year by the drop in oil... More
