Investing.com - Tenaris reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Tenaris announced earnings per share of $0.0744 on revenue of $977.53M. Analysts polled by Investing.com anticipated EPS of $0.0265 on revenue of $987.65M.
Tenaris shares are up 2% from the beginning of the year and are trading at $9.30 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 10.25% from the start of the year.
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