- Tenaris reported fourth-quarter tube sales of $2.70 billion, surpassing the estimate of $2.63 billion.
- North American tube sales came in slightly below expectations at $1.13 billion, compared to an estimate of $1.15 billion.
- South American tube sales exceeded estimates, reaching $595 million against an estimated $450.6 million.
- European tube sales were also higher than anticipated at $341 million, above the estimate of $313.8 million.
- Tubes sales volume was 913,000 tons, surpassing the expected 893,791 tons.
- Tenaris achieved an EBITDA of $726.2 million, beating the estimate of $597.1 million.
- The EBITDA margin was 25.5%, exceeding the expected 22.9%.
- Earnings per share (EPS) were reported at 47 cents, significantly higher than the estimate of 32 cents.
- Free cash flow amounted to $310.4 million, above the predicted $234.9 million.
- Analyst recommendations included 8 buys, 5 holds, and 2 sells.
A look at Tenaris SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Tenaris SA is positioned for strong long-term growth. With a top score in Growth and Momentum, the company is expected to continue expanding and outperforming the market in the foreseeable future. Tenaris SA‘s emphasis on innovation and development align with its high scores, signaling a promising trajectory in the industry. Additionally, its robust Resilience score indicates its ability to weather market fluctuations effectively, providing investors with a sense of stability.
Tenaris SA‘s overall outlook is positive, with solid marks in key areas such as Growth and Momentum. While its Dividend score is moderate, the company’s focus on value and resilience further enhances its attractiveness to investors seeking long-term returns. With a strong position in manufacturing seamless steel pipe products and serving diverse industries, Tenaris SA is well-positioned to capitalize on opportunities in the oil, gas, and energy sectors, making it a compelling investment option for those eyeing sustained growth.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
