Summary
Tesla Beats
Tesla (TSLA) reported 3rd Quarter September 2018 earnings of $3.33 per share on revenue of $6.8 billion. The consensus estimate was a loss of $0.19 per share on revenue of $5.8 billion. The Earnings Whisper number was $0.03 per share. Revenue grew 128.6% on a year-over-year basis.
The company said it continues to expect to be profitable in the fourth quarter. The current consensus estimate is earnings of $0.76 per share for the quarter ending December 31, 2018.
Tesla Motors Inc designs, develops, manufactures and sells high-performance fully electric vehicles and electric vehicle powertrain components.
Results
Reported Earnings
$3.33
Earnings Whisper
$0.03
Consensus Estimate
($0.19)
Reported Revenue
$6.82 Bil
Revenue Estimate
$5.76 Bil
Growth
Earnings Growth
Revenue Growth
Earnings Release
Tesla Releases Third Quarter 2018 Financial Results
PALO ALTO, Calif., Oct. 24, 2018 (GLOBE NEWSWIRE) -- Tesla has released its financial results for the third quarter of 2018 by posting the current Update Letter on its Investor Relations website. Please visit http://ir.tesla.com to view the letter.
As previously announced, Tesla management will host a live question & answer (Q&A) webcast at 3:30 p.m. Pacific Time (6:30 p.m. Eastern Time) to discuss the results and outlook.
What:
When:
Time:
Shareholder Letter:
Webcast: | | Tesla Third Quarter 2018 Financial Results Q&A Webcast
Wednesday, October 24, 2018
3:30 p.m. Pacific Time / 6:30 p.m. Eastern Time
http://ir.tesla.com
http://ir.tesla.com (live and replay) | | | | | | | |
The webcast will be archived on the company’s website following the call.
Investor Relations Contact:ir@tesla.comPress Contact:press@tesla.com
Source: Tesla, Inc.
