Tenaris S.A.(US:TS) ZACKS·2026-02-12 15:15Core Viewpoint - Analysts forecast that Tenaris S.A. will report quarterly earnings of $0.76 per share, reflecting a year-over-year decline of 19.2%, while revenues are expected to reach $2.92 billion, showing a 2.7% increase compared to the previous year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted upward by 2%, indicating a reassessment of initial projections by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong relationship between earnings estimate revisions and short-term stock price performance [3]. Revenue Projections - Analysts predict 'Net Sales- Others' will reach $132.18 million, indicating a year-over-year decline of 11.9% [4]. - The average estimate for 'Net Sales- Tubes' is projected at $2.80 billion, reflecting a year-over-year increase of 3.8% [5]. - 'Net Sales- Tubes- North America' is estimated at $1.39 billion, showing a significant year-over-year increase of 22.6% [5]. - 'Net Sales- Tubes- Asia Pacific, Middle East and Africa' is expected to reach $700.72 million, with a year-over-year increase of 11.4% [6]. - 'Net Sales- Tubes- Europe' is forecasted to be $184.88 million, indicating a substantial decline of 45.8% from the previous year [6]. - 'Net Sales- Tubes- South America' is projected at $517.46 million, reflecting a year-over-year decline of 13% [6]. Sales Volume Estimates - 'Tubes Sales volume - Seamless' is expected to be 763 thousand metric tons, compared to 748 thousand metric tons reported in the same quarter last year [7]. - 'Tubes Sales volume - Total' is projected at 951 thousand metric tons, up from 913 thousand metric tons in the previous year [7]. - 'Tubes Sales volume - Welded' is estimated to reach 188 thousand metric tons, compared to 164 thousand metric tons reported last year [8]. Operating Income Projections - 'Operating income- Other' is expected to be $18.35 million, down from $25.00 million reported in the same quarter last year [8]. - 'Operating income- Tubes' is projected at $476.89 million, compared to $533.00 million from the previous year [9]. Stock Performance - Shares of Tenaris have shown a return of 14.7% over the past month, contrasting with the Zacks S&P 500 composite's decline of 0.3% [9].