LUXEMBOURG, Nov. 10, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) announced today that pursuant to its USD700 million Share Buyback Program (the “Program”) announced on November 6, 2024, to be executed in the open market, it has entered into a non-discretionary buyback agreement with a primary financial institution (the “Bank”). The Bank will make its trading decisions concerning the timing of the purchases of Tenaris’s ordinary shares independently of and uninf ...

Tenaris S.A. (NYSE:TS) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Giovanni Sardagna - Director of IR Paolo Rocca - Chairman & CEO Alicia Mondolo - CFO Gabriel Podskubka - COO Luca Zanotti - President, US Operations Conference Call Participants Alessandro Pozzi - Mediobanca Arun Jayaram - JPMorgan Securities LLC Marc Bianchi - TD Cowen Stephen Gengaro - Stifel Rodrigo Almeida - Santander Operator Good day and thank you for standing by. Welcome to Third Quarter 2024 Tena ...

For the quarter ended September 2024, Tenaris S.A. (TS) reported revenue of $2.92 billion, down 10% over the same period last year. EPS came in at $0.81, compared to $0.91 in the year-ago quarter.The reported revenue represents a surprise of +5.82% over the Zacks Consensus Estimate of $2.76 billion. With the consensus EPS estimate being $0.63, the EPS surprise was +28.57%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Free Cash Flow, Net cash / debt and Operating working capital d ...

Analysts on Wall Street project that Tenaris S.A. (TS) will announce quarterly earnings of $0.63 per share in its forthcoming report, representing a decline of 30.8% year over year. Revenues are projected to reach $2.74 billion, declining 15.4% from the same quarter last year.The consensus EPS estimate for the quarter has undergone an upward revision of 6.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates d ...

I focus on long term growth and dividend growth investing. I follow both the US and the European stock markets, looking for undervalued stock and/or for high quality dividend growing companies that provide me with cash to reinvest. Over time, I have come to realize that profitability is a much safer driver of gains than low valuation. As a result, I give utmost importance to margins, free cash flow stability and growth, and returns on invested capital. I research stocks within my areas of competence and whe ...

LUXEMBOURG, Aug. 04, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today the completion of the fourth and last tranche of its USD1.2 billion Share Buyback Program announced on November 1, 2023 (the "Program"). During the fourth tranche, which ran from June 17, 2024, to (and including) August 2, 2024, the Company purchased a total of 19,452,939 ordinary shares for a total consideration of €278,698,899, or USD300 million. During the Program, which ran fro ...

LUXEMBOURG, Aug. 04, 2024 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today the completion of the fourth and last tranche of its USD1.2 billion Share Buyback Program announced on November 1, 2023 (the "Program"). During the fourth tranche, which ran from June 17, 2024, to (and including) August 2, 2024, the Company purchased a total of 19,452,939 ordinary shares for a total consideration of €278,698,899, or USD300 million. During the Program, which ran fro ...

Tenaris S.A. (NYSE:TS) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET Company Participants Giovanni Sardagna - Director of Investor Relations Paolo Rocca - Chairman & Chief Executive Officer Gabriel Podskubka - Chief Operating Officer Luca Zanotti - President, US Operations Conference Call Participants Marc Bianchi - TD Cowen Alessandro Pozzi - Mediobanca Arun Jayaram - JPMorgan Securities LLC Christopher Kuplent - Bank of America Luigi De Bellis - Equita Oscient Operator Good day, and thank you ...

For the quarter ended June 2024, Tenaris S.A. (TS) reported revenue of $3.32 billion, down 18.5% over the same period last year. EPS came in at $0.59, compared to $1.90 in the year-ago quarter. The reported revenue represents a surprise of +4.28% over the Zacks Consensus Estimate of $3.19 billion. With the consensus EPS estimate being $0.97, the EPS surprise was -39.18%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...