Tenaris S.A. (TS) Q3 2013 Earnings Results

Tenaris S A ADR Misses on EPS, Stock Up 1.38%

The earnings report indicates that Tenaris faced challenges, resulting in a lower-than-expected EPS. Despite this miss, the stock rose by 1.38%, likely due to investors' optimism about the company's long-term strategies and cost management efforts. The lack of guidance may leave some investors cautious about future performance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.51	N/A	-22.73%

Management

Management commentary

Tone: Cautiously Optimistic

Management acknowledged the difficult market conditions but expressed a commitment to improving operational performance. They did not provide specific guidance for future quarters.

Management highlighted ongoing challenges in the market.

They emphasized a focus on cost control and operational efficiency.

Tenaris S A ADR Misses on EPS, Stock Up 1.38%

Key numbers

Management commentary

Tenaris S.A.

More earnings this week

Tenaris S A ADR Misses on EPS, Stock Up 1.38%

Key numbers

Management commentary