Earnings Alerts

Tenaris SA (TEN) Earnings: 2Q Tubes Sales Surpass Estimates Despite Lower EBITDA and EPS

  • Tubes Sales: $3.07 billion, exceeding estimates of $3 billion.
  • North America Tubes Sales: $1.41 billion, surpassing estimates of $1.31 billion.
  • South America Tubes Sales: $582 million, higher than the $570.8 million estimate.
  • Europe Tubes Sales: $267 million, beating estimates of $232.3 million.
  • Tubes Sales Volume: 1.03 million tons, matching the estimate of 1.03 million tons.
  • EBITDA: $650.2 million, below the estimate of $797.3 million.
  • EBITDA Margin: 19.6%, lower than the estimated 24.9%.
  • EPS (Earnings Per Share): 29 cents, below the estimate of 46 cents.
  • Free Cash Flow: $773.9 million, significantly higher than the estimate of $531.5 million.
  • Asia Pacific, Middle East & Africa Tubes Sales: $810 million, falling short of the $838.4 million estimate.
  • Analyst Ratings: 8 buys, 6 holds, and 2 sells.

A look at Tenaris SA Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking at Tenaris SA‘s long-term outlook based on Smartkarma Smart Scores, the company seems to have a promising future ahead. With a strong focus on growth and momentum, Tenaris scores high in these areas, indicating a positive trajectory for the company. Its resilience score of 4 also suggests that it can weather challenges well, contributing to its overall stability. While the dividend score is moderate at 2, the company’s value score of 3 showcases its potential for solid performance in relation to its price. Tenaris SA, a manufacturing firm specializing in seamless steel pipe products, is well-positioned in the oil and gas industry.

With a solid growth and momentum score of 5 each, Tenaris SA shows potential for robust development and market momentum in the long term. The company’s resilience score of 4 further enhances its overall outlook, indicating its ability to withstand market fluctuations. Although the dividend score is moderate at 2, the value score of 3 suggests that there is room for potential value appreciation in the company. Tenaris’s expertise lies in manufacturing seamless steel pipe products while also offering services to various industries like oil and gas, energy, and mechanical sectors.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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