Telsa Inc TSLA reported second-quarter financial results that came in ahead of Street consensus estimates Wednesday after market close. Analysts are sizing up the report and what’s ahead for the company. The Tesla Analysts: Baird analyst Ben Kallo has an Outperform rating and price target of $300 RBC Capital analyst Tom Narayan has an Outperform rating and price target of $305. Wedbush analyst Dan Ives has an Outperform rating and price target of $300. Needham analyst Chris Pierce has a Hold rating and no price target. Bernstein analyst Toni Sacconaghi has an Underperform rating and price target of $150. Morgan Stanley analyst Adam Jonas has an Equal-weight rating and price target of $250. Baird on Tesla: Kallo calls the second quarter a beat and maintains Tesla as a “Best Pick
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Tesla (TSLA). This company, which is in the Zacks Automotive - Domestic industry, shows potential for another earnings beat. When looking at the last two reports, this electric car maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.79%, on average, in the last two quarters. For the most recent quarter, Tesla was expected to post earnings of $0.83 per share, but it reported $0.85 per share instead, representing a surprise of 2.41%. For the previous quarter, the consensus estimate was $1.09 per share, while it actually produced $1.19 per share, a surprise
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Tesla (TSLA). This company, which is in the Zacks Automotive - Domestic industry, shows potential for another earnings beat. When looking at the last two reports, this electric car maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.79%, on average, in the last two quarters. For the most recent quarter, Tesla was expected to post earnings of $0.83 per share, but it reported $0.85 per share instead, representing a surprise of 2.41%. For the previous quarter, the consensus estimate was $1.09 per share, while it actually produced $1.19 per share, a surprise
$Tesla Motors(TSLA)$ If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Tesla (TSLA). This company, which is in the Zacks Automotive - Domestic industry, shows potential for another earnings beat. When looking at the last two reports, this electric car maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.79%, on average, in the last two quarters. For the most recent quarter, Tesla was expected to post earnings of $0.83 per share, but it reported $0.85 per share instead, representing a surprise of 2.41%. For the previous quarter, the consensus estimate was $1.
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Tesla (TSLA). This company, which is in the Zacks Automotive - Domestic industry, shows potential for another earnings beat. When looking at the last two reports, this electric car maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.79%, on average, in the last two quarters. For the most recent quarter, Tesla was expected to post earnings of $0.83 per share, but it reported $0.85 per share instead, representing a surprise of 2.41%. For the previous quarter, the consensus estimate was $1.09 per share, while it actually produced $1.19 per share, a surprise