) is set to release its Q3 earnings report today. The Austin Texas-based giant's stock has been trading sideways recently, and investors are hoping this report will provide the stock the spark it needs to resume the uptrend.
However, the market's general expectation was for deliveries to exceed 455K units, significantly higher than the 430K range. Yet, the company fell short of this mark. These production and delivery numbers that fell below expectations have also led to weaker earnings forecasts for the 3rd quarter.an EPS of $0.91, surpassing InvestingPro's expectations by 10%. The quarter's revenue reached almost $24.92 billion, aligning closely with expectations.
Looking at the charts, it is seen that Tesla has managed its operating margin well so far. In addition, Musk made a commitment to further reduce costs in his statements on this issue. Therefore, Tesla's operating margin will be an item to be closely monitored in the earnings report to be announced today.Ahead of Q3 earnings, Tesla's overall outlook is shaped as shown in the table below on the InvestingPro platform.
In terms of the price outlook, which is expected to align with the prevailing trend, a drop below $245 could trigger a downward breakout, potentially sending Tesla's stock to the $185 - $200 range.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Netflix Earnings: User Growth to Prove Recent Correction Was a Buying OpportunityStocks Analysis by Investing.com (Damian Nowiszewski) covering: Netflix Inc, Netflix Inc, Netflix Inc DRC, COMMERZBANK AG Call 92 USD Netflix Inc 31Dec99. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »
Tesla Inc. stock rises Monday, still underperforms marketSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »
Tesla Inc. stock rises Tuesday, outperforms marketSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »