Tenaris SA (TS) reported earnings for third quarter that beat the Street estimates.
The company's bottom line came in at $452.65 million, or $0.85 per share. This compares with $459.19 million, or $0.81 per share, last year.
Analysts on average had expected the company to earn $0.75 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.2% to $2.978 billion from $2.915 billion last year.
Tenaris SA earnings at a glance (GAAP) :
-Earnings: $452.65 Mln. vs. $459.19 Mln. last year.-EPS: $0.85 vs. $0.81 last year.-Revenue: $2.978 Bln vs. $2.915 Bln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.