Benzinga | Apr 28, 2021 05:04PM EDT

Tenaris Q1 EPS $0.18 Beats $0.06 Estimate, Sales $1.18B Miss $1.19B Estimate

Tenaris (NYSE:TS) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.06 by 200 percent. This is a 152.94 percent increase over losses of $(0.34) per share from the same period last year. The company reported quarterly sales of $1.18 billion which missed the analyst consensus estimate of $1.19 billion by 0.67 percent. This is a 32.92 percent decrease over sales of $1.76 billion the same period last year.