Tesla's third-quarter financial report will be released after the market closes on Wednesday, October 23. Over the past two years, Tesla's stock price has fallen 6 times and risen 2 times after 8 earnings releases. The average decline is about 10% each time.
Troy's predictions for Tesla's third-quarter financial report:
EPS of $0.55, below Wall Street's expectation of $0.6.
Automotive gross margin of 14%, below Wall Street's expectation of 14.9%.
Overall gross margin of 16.5%, below Wall Street's expectation of 16.9%.
Gary Black's predictions:
Automotive gross margin of 14.2%, below Wall Street's expectation of 14.9%.
EPS of $0.56, lower than Wall Street's forecast of $0.60.
Wall Street expects the gross margin in the fourth quarter to rebound to 15.2%, reaching 16.1% in fiscal year 2025.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
