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Tenaris (TS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

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Tenaris S.A. (TS - Free Report) reported $3.1 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 4.2%. EPS of $1.01 for the same period compares to $0.85 a year ago.

The reported revenue represents a surprise of +3.64% over the Zacks Consensus Estimate of $2.99 billion. With the consensus EPS estimate being $0.81, the EPS surprise was +24.69%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Tenaris performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Tubes Sales volume - Seamless: 780.00 Kmt versus the three-analyst average estimate of 780.25 Kmt.
  • Tubes Sales volume - Total: 976.00 Kmt versus the three-analyst average estimate of 960.68 Kmt.
  • Tubes Sales volume - Welded: 196.00 Kmt compared to the 180.43 Kmt average estimate based on three analysts.
  • Net Sales- Tubes- North America: $1.65 billion versus $1.47 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +13.9% change.
  • Net Sales- Tubes- Asia Pacific, Middle East and Africa: $595 million versus the two-analyst average estimate of $593.98 million. The reported number represents a year-over-year change of -16.9%.
  • Net Sales- Tubes- Europe: $234 million compared to the $225.43 million average estimate based on two analysts. The reported number represents a change of +23.8% year over year.
  • Net Sales- Tubes- South America: $447 million versus $546.77 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -14% change.
  • Net Sales- Others: $175 million versus $164.57 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +69.9% change.
  • Net Sales- Tubes: $2.93 billion versus $2.83 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +1.8% change.

View all Key Company Metrics for Tenaris here>>>

Shares of Tenaris have returned +1.3% over the past month versus the Zacks S&P 500 composite's -2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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