Investing.com - Tenaris reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Tenaris announced earnings per share of $-0.03 on revenue of $864.97M. Analysts polled by Investing.com anticipated EPS of $-0.07 on revenue of $798.27M.
Tenaris shares are down 55% from the beginning of the year and are trading at $4.45 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 12.63% from the start of the year.
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