© Reuters. Tesla Earnings beat, Revenue misses In Q1
Investing.com – Tesla reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.
Tesla announced earnings per share of $0.81 on revenue of $10.15B. Analysts polled by Investing.com anticipated EPS of $0.7095 on revenue of $10.21B.
Tesla shares are down 4% from the beginning of the year and are trading at $677.02 , down-from-52-week-high.They are under-performing the Nasdaq which is up 7.85% from the start of the year.
Tesla’s report follows an earnings beat by Nike on March 18, who reported EPS of $0.9 on revenue of $10.36B, compared to forecasts EPS of $0.7635 on revenue of $11.01B.
Volkswagen 10 Pref ADR had matched expectations on March 16 with first quarter EPS of $1.65 on revenue of $80.17B, compared to forecast for EPS of $1.65 on revenue of $80.17B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Tesla Earnings beat, Revenue misses In Q1
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