Tesla doesn’t share traditional guidance for the year in its first-quarter call as the company instead insists on only saying that it will grow at a rate of roughly 50% per year for the foreseeable future. In the shareholder’s letter and the following conference call, Tesla generally shares additional details about not only financial results, but also other important metrics on how the company is doing. Here are the earnings per share over the last two years: Estimize predictions in blue, Wall Street consensus in gray, actual results in green: Other expectations for the TSLA shareholder’s letter and analyst call It’s hard to tell, but Tesla has been consistently beating earnings-per-share expectations over the last few quarters. The earnings are more of a hit-or-miss since it depends on how much Tesla is spending that quarter, and with supply chain issues and costs increasing at new factories being brought online, it could be not as profitable despite the real potential for another record when it comes to revenues. Tesla always attempts to be marginally profitable every quarter as it invests most of its money into growth, and it has been successful doing so over the last two years now.įor Q1 2022, the Wall Street consensus is a gain of $2.26 per share, while Estimize’s prediction is higher with a profit of $2.542 per share. Here are the predictions for Tesla’s revenue over the past two years: Estimize predictions are in blue, Wall Street consensus are in gray, actual results are in green: Tesla Q1 2022 earnings The Wall Street consensus for this quarter is $17.659 billion, and Estimize, the financial estimate crowdsourcing website, predicts a higher revenue of $17.866 billion.Īn average between the two numbers would be roughly what Tesla generated last quarter (Q4 2021), but it would represent tremendous growth versus the same period last year (Q1 2021) when Tesla delivered roughly $10 billion in revenue. That’s yet another all-time quarterly record for Tesla, the seventh in a row, and a massive result for a first quarter, which is generally weaker.ĭelivery and production numbers are always slightly adjusted during earning results Tesla Q1 2022 revenueįor revenue, analysts generally have a pretty good idea of what to expect, thanks to the delivery numbers. Tesla Q1 2022 deliveriesĪs usual, Tesla already disclosed its Q1 vehicle delivery and production numbers, which drives the vast majority of the company’s revenue.Įarlier this month, Tesla confirmed that it delivered just over 310,000 electric vehicles during the first three months of the year. Here we’ll take a look below at what both the street and retail investors are expecting for the quarterly results. As usual, a conference call and Q&A with Tesla’s management is scheduled after the results. Guinness World Records reported the record after Forbes assessed the Tesla CEO lost $182 billion, although other sources suggest that it could actually be closer to $200 billion.Tesla (TSLA) is set to announce its first-quarter 2022 financial results tomorrow, April 20, after the markets close. Why Tesla stock had its worst year: Could it could recover in 2023? Tesla's stock price plummeted in 2022Įarlier this month, Musk broke the world record for the largest loss of personal fortune in history. Revenue for the quarter was $24.32 billion, which fell short of the $24.67 billion that analysts expected.īut the company's automotive gross profit margin, which is revenue minus cost of goods sold, fell from 30.6% in the fourth quarter of 2021 to 25.9% in the same period in 2022. The company’s profit was 59% more than the same period a year ago. That beat estimates of $1.13 that had been reduced by analysts, according to FactSet. The Austin, Texas, maker of electric vehicles and solar panels said it made $3.69 billion from October through December, or an adjusted $1.19 per share. Tesla shares on Wednesday closed at $144.43 up more than 30% from the start of the year.
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