Earnings Report Preview | Tesla's Profit Margin, Analyst Views, Cybertruck Still in Focus

Source: US Stock Research Society, Author | Chris Katje, Translation | Wall Street Major Event Tesla will announce its fourth-quarter financial results after the market closes on Wednesday, January 24th. Prior to the release of this report, the company's performance in the third quarter fell short of expectations, while the fourth-quarter deliveries exceeded analysts' expectations. The following are profit forecasts for the fourth quarter, analysts' comments, and key items of interest to investors. Profit Forecast: According to forecasts, analysts expect Tesla's fourth-quarter revenue to be $25.547 billion. The company is expected to have earnings per share of $0.74 for the fourth quarter. Tesla reported earnings per share of $1.19 and revenue of $24.318 billion for the fourth quarter. In the recent report for the third quarter, Tesla's revenue and earnings per share fell short of analysts' expectations, at $23.35 billion and $0.66, respectively. Tesla has exceeded or met analysts' expectations for earnings per share in 9 out of the past 10 quarters, and exceeded analysts' expectations for revenue in 7 out of the past 10 quarters. Previously, production and delivery data for the fourth quarter were announced. Tesla reported deliveries of 484,507 vehicles and production of 494,989 vehicles. This represents a year-on-year increase of 19.55% and 12.57%, respectively.