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
Key numbers
- Reported 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 diluted 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
- Weak growth
- Target reached (-1.5% upside)
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
- $56.45
- Price target
- $64.92
- Stop
- $54.01
- Upside to target
- +15.0%
At 15.1× trailing and 13.6× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-09-05 — 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
- $28.50B
- P/E (fwd)
- 13.6
- P/E (ttm)
- 15.1
- 52-week range
- $33.65–$64.60
- Off 52-week high
- 12.6%
- RSI (14)
- 68
- Volume vs avg
- 0.47×
- Score today
- 5.5/10