Tesla Q4 2023 Adj EPS $0.71 Misses $0.74 Estimate
Portfolio Pulse from Benzinga Newsdesk
Tesla (NASDAQ:TSLA) reported Q4 2023 adjusted earnings per share (EPS) of $0.71, falling short of the consensus analyst estimate of $0.74 by 4.05%.
January 24, 2024 | 9:04 pm
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NEGATIVE IMPACT
Tesla's Q4 2023 earnings report showed an EPS of $0.71, missing the estimated $0.74 by 4.05%, which may disappoint investors.
Earnings reports are critical events for investors, and missing estimates can lead to negative sentiment in the short term. Tesla's miss, although by a small margin, could lead to a decrease in stock price as it may signal to investors that the company's financial performance is not meeting expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100