Tenaris Q2 Earnings, Net Sales Decline; Shares Fall After Hours-March 2024-www.financetom.com

Tenaris Q2 Earnings, Net Sales Decline; Shares Fall After Hours

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Tenaris Q2 Earnings, Net Sales Decline; Shares Fall After Hours

Jul 31, 2024 2:21 PM

05:03 PM EDT, 07/31/2024 (MT Newswires) -- Tenaris ( TS ) reported Q2 earnings late Wednesday of $0.29 per share, down from $0.95 a year earlier.

Analysts polled by Capital IQ expected $0.95.

Net sales for the quarter ended June 30 were $3.32 billion, down from $4.08 billion a year ago.

Analysts surveyed by Capital IQ expected $3.29 billion.

Shares of Tenaris ( TS ) fell 1.5% in after-hours trading.

Price: 31.37, Change: -0.47, Percent Change: -1.48

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