Tesla Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call (CORRECTED)
Portfolio Pulse from Avi Kapoor
Tesla, Inc. (NASDAQ:TSLA) is set to release its Q2 financial results on July 23. Analysts expect a drop in earnings per share and slight revenue decline compared to last year. Tesla's shares recently rose by 5.2%. Analysts have revised their price targets, with ratings ranging from Neutral to Outperform.
July 23, 2024 | 3:26 pm
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Tesla is expected to report lower earnings per share and a slight revenue decline for Q2. Analysts have revised their price targets, with ratings ranging from Neutral to Outperform. Tesla shares recently rose by 5.2%.
The upcoming earnings report and recent analyst revisions are likely to impact Tesla's stock price. The 5.2% rise in shares indicates positive market sentiment. Analysts' price targets suggest a range of expectations, but overall, the news is likely to have a positive short-term impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100