Will Tesla Beat The Street? 68% Expect Something Markets May Not Be Ready For
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Investors are anticipating Tesla's quarterly results, with a Benzinga poll indicating that 68% expect the company to miss consensus estimates. Analysts predict first-quarter revenue of $21.35 billion and earnings per share of 41 cents, down from 45 cents last year. Tesla has missed earnings estimates in five of the last six quarters. Concerns about falling sales, particularly in Europe, and CEO Elon Musk's political focus have raised questions about the company's performance. Tesla stock rose 3.65% to $235.73 before the results are released.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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