Tesla Stock Earnings Expectations

Tesla Gears Up for Q1 2024 Earnings: Wall Street Consensus and Estimizes Predictions

Wall Street Consensus and Estimizes Predictions

Consensus Earnings Expectations

As Tesla prepares to release its Q1 2024 earnings on Tuesday, April 23, 2024, after market close, the Wall Street consensus anticipates a gain of $0.49 per share. Meanwhile, Estimizes, a crowdsourced platform for earnings estimates, slightly exceeds this consensus with a prediction of $0.52 per share. These estimates reflect the market's expectations for the EV maker's financial performance in the first quarter of 2024.

Q1 2024 Earnings Report Details

Tesla is expected to report its financial results for the fiscal first quarter of 2024 after the market closes on April 23, 2024. The report will provide insights into the company's revenue, earnings per share (EPS), and other key financial metrics.

Market Outlook and Analyst Estimates

Tesla stock (TSLA) has been under scrutiny in the lead-up to the earnings release. Analysts have upgraded their EPS and revenue estimates for the company's common stock in anticipation of strong Q1 results. The market is eagerly awaiting Tesla's report, as its performance is seen as a bellwether for the electric vehicle industry.