Tenaris Announces 2019 First Quarter Results

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Tenaris SA (TS) Tops Q1 EPS by 3c, Revenues Miss

May 2, 2019 4:59 PM EDT

Tenaris SA (NYSE: TS) reported Q1 EPS of $0.41, $0.03 better than the analyst estimate of $0.38. Revenue for the quarter came in at $1.87 billion versus the consensus estimate of $1.95 billion.

Market Background and Outlook

In the USA, there has been a limited slowdown in drilling activity in the year to date following the oil... More