Tesla Inc reports results for the quarter ended December 31 - Earnings Summary

• Tesla Inc TSLA.OQ reported quarterly adjusted earnings of 73 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 71 cents. The mean expectation of thirty one analysts for the quarter was for earnings of 76 cents per share. Wall Street expected results to range from 59 cents to 94 cents per share.

• Revenue rose 2.1% to $25.71 billion from a year ago; analysts expected $27.26 billion.

• Tesla Inc's reported EPS for the quarter was 66 cents​.

• The company reported quarterly net income of $2.32 billion.

• Tesla Inc shares had fallen by 1.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.1% in the last three months.​

• In the last 30 days, eight analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 23 "strong buy" or "buy," 16 "hold" and 13 "sell" or "strong sell."

• The average consensus recommendation for the auto & truck manufacturers peer group is also "hold"

Wall Street's median 12-month price target for Tesla Inc is $300.00

This summary was machine generated from LSEG data January 29 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)