(Seeking Alpha) – Tesla (NASDAQ:TSLA) is scheduled to announce Q3 earnings results on Wednesday, October 21st, after market close.
The consensus EPS Estimate is $0.60 (-68.6% Y/Y) and the consensus Revenue Estimate is $8.29B (+31.6% Y/Y).
Over the last 2 years, TSLA has beaten EPS estimates 63% of the time and has beaten revenue estimates 63% of the time.
Over the last 3 months, EPS estimates have seen 14 upward revisions and 2 downward. Revenue estimates have seen 14 upward revisions and 3 downward.
Analyst expects an automotive margin of 24.1%.
The company reported record 139,300 deliveries in Q3.
Investors will be focused on if Tesla maintains full-year guidance for 500K deliveries.
While revenue is expected to grow by 31% Y/Y, EPS estimates show a grim picture, signaling expenses take most out of revenue.