© Reuters Tesla Earnings Beat, Revenue Misses In Q3
Investing.com – Tesla (NASDAQ:) reported on Wednesday third quarter that beat analysts’ forecasts and revenue that fell short of expectations.
Tesla announced earnings per share of $1.05 on revenue of $21.45. Analysts polled by Investing.com anticipated EPS of $1.03 on revenue of $22.5B.
Tesla shares are down 36% from the beginning of the year, still down 46.43% from its 52 week high of $414.50 set on November 4, 2021.
Tesla shares gained 0.24% in after-hours trade following the report.
Tesla follows other major Consumer Discretionary sector earnings this month
Tesla’s report follows an earnings beat by Nike on September 29, who reported EPS of $0.93 on revenue of $12.69B, compared to forecasts EPS of $0.922 on revenue of $12.28B.
Lennar had beat expectations on September 21 with third quarter EPS of $5.03 on revenue of $8.93B, compared to forecast for EPS of $4.81 on revenue of $8.93B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Be the first to comment