Investing.com - Tenaris reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Tenaris announced earnings per share of $0.2772 on revenue of $1.81B. Analysts polled by Investing.com anticipated EPS of $0.1889 on revenue of $1.76B.
Tenaris shares are up 28% from the beginning of the year and are trading at $11.86 , down-from-52-week-high.They are outperforming the STOXX 600 which is down 4.11% from the start of the year.
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