Tesla TSLA is set to report earnings after the bell and the market is looking for a move of the stock on earnings of 13.7%, more than the average move of 11.57%. Tesla is expected to report a second quarter loss of $0.195 per share vs. a loss of $1.00 per share a year ago. Revenue is expected to be $387.9 million vs. $26.653 million a year ago.
Tesla shares rallied 24.4% in May following its first quarter report. Tesla reported an adjusted profit of $0.12 per share vs. the estimate of $0.037 on revenue of $561.792 million vs. $496.6 million expected.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
