05:22 PM EDT, 04/30/2025 (MT Newswires) -- Tenaris ( TS ) reported Q1 adjusted earnings late Wednesday of $0.94 per diluted American Depository share, down from $1.27 a year earlier.

Analysts polled by FactSet expected $0.78.

Revenue for the quarter ended March 31 was $2.92 billion, down from $3.44 billion a year earlier.

Analysts surveyed by FactSet expected $2.90 billion.

For Q2, the company said it expects sales to show a small increase as its average selling price recovers and volumes remain close to the level of the first quarter.