Tenaris (TS) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.95
- Estimate
- $0.82
- Surprise
- +15.7%
- Score today
- 5.5/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Tenaris (TS) beat the $0.82 estimate with adjusted EPS of $0.95 — a large 15.7% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates TS Hold at 5.5/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +15.7% surprise compares with a +15.5% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- Sector modifier (Energy): +1.2
- Strong earnings beat streak (4/4)
What argues against it
- Analyst target reached - limited upside remaining
- Earnings in 6 days (event risk)
- Weak growth
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $60.39
- Stop
- $57.35
At 16.1× trailing and 14.4× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
TS at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Equipment & Services
- Market cap
- $30.49B
- P/E (fwd)
- 14.4
- P/E (ttm)
- 16.1
- 52-week range
- $37.69–$64.60
- Off 52-week high
- 6.5%
- RSI (14)
- 65
- Volume vs avg
- 1.02×
- Score today
- 5.5/10