Tenaris SA (TS) earnings for the quarter ended September 2026: EPS beats estimates
Tenaris SA reported results for the quarter ended September 2026 on November 4, 2026. Adjusted earnings per share came in at $1.01 against the analysts’ average forecast of $0.83, a beat of 21.8%.
The market’s verdict: the stock fell 1.8% on the first trading day after the report.
The last four quarters
Tenaris SA has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $1.01 | $0.83 | +21.8% | — | −1.8% |
| Jun 2026 | $0.95 | $0.82 | +15.7% | — | −7.9% |
| Mar 2026 | $1.07 | $0.87 | +22.6% | — | −7.1% |
| Dec 2025 | $0.87 | $0.79 | +10.5% | — | +8.6% |
What comes next
Analysts expect EPS of $1.09 for the next quarter on average and $4.00 for the fiscal year ending December 31, 2026.
The average analyst price target is $67.65, 10% above the current price of $61.27.
Valuation and score
Tenaris SA scores 2.8 out of 5 overall on Stock Analiz (average), trades at a trailing P/E of about 15.7, and its intrinsic value under moderate assumptions is about 6% below the current market value. Full Tenaris SA analysis with 10 years of financials
Frequently asked questions
What was Tenaris SA’s EPS for the quarter ended September 2026?
$1.01 adjusted per share, against an analyst consensus of $0.83.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.