Tesla 'one of the worst positioned' auto stocks for Q2 earnings season: analysts

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 85 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Tesla 'one of the worst positioned' auto stocks for Q2 earnings season: analysts

Wells Fargo equity analysts said the Q2 earnings season looks like another challenging setup, with the majority of suppliers likely to miss consensus expectations while also facing risks of full-year guidance cuts.“We expect TSLA to be impacted by another sub 400K delivery quarter & lower pricing driven by financing promos,” analysts noted.

“ALV & TEL have been supplier refuges, yet are still at the mercy of production, & recent cuts don't seem to be reflected in consensus,” they added.), driven by a worse second-half mix. Adjusted EBIT is expected to be partially offset by the strength of the peso, while the EPS guidance is likely to be salvaged by the early closure of Motional.) as best positioned for a beat in Q2.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 450. in SE

Sverige Senaste nytt, Sverige Rubriker