Tesla Q2 EPS $0.91 Beats $0.82 Estimate, Sales $24.93B Beat $24.48B Estimate
Portfolio Pulse from Benzinga Newsdesk
Tesla reported Q2 earnings of $0.91 per share, beating the analyst consensus estimate of $0.82 by 10.98%. This is a 19.74% increase over earnings of $0.76 per share from the same period last year. The company also reported quarterly sales of $24.93 billion, beating the analyst consensus estimate of $24.48 billion by 1.83%. This is a 47.20% increase over sales of $16.93 billion the same period last year.
July 19, 2023 | 8:06 pm
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POSITIVE IMPACT
Tesla's Q2 earnings and sales have surpassed analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Tesla's earnings and sales for Q2 have exceeded analyst estimates, which is a positive indicator of the company's financial health. This could potentially lead to increased investor confidence and a rise in the company's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100