Tesla (TSLA) expected to report earnings growth for December 2024 quarter

From NASDAQ: 2025-01-22 10:00:48

Wall Street expects an increase in Tesla’s earnings and revenues for the quarter ending December 2024. The earnings report, set for release on January 29, 2025, could impact the stock price based on beating or missing estimates. Analysts predict earnings of $0.76 per share and revenues of $27.61 billion, with a 0.52% decrease in EPS estimate over the last 30 days.

Estimate revisions suggest a negative 2.65% Earnings ESP for Tesla. While the stock holds a Zacks Rank of #3, past earnings history shows one out of four quarters beat estimates. Investors should consider other factors beyond earnings beats, such as management discussions, for stock movement. It’s important to keep an eye on the company’s Earnings ESP and Zacks Rank.

Polaris Inc, another player in the automotive industry, is expected to report a year-over-year decrease in earnings and revenues for the quarter ending December 2024. With a Zacks Rank of #5 and a negative 0.76% Earnings ESP, it’s uncertain if Polaris will beat consensus estimates. The company beat EPS estimates only once in the last four quarters.

Zacks Research Chief highlights a stock with potential for significant gains in the coming months. This innovative financial firm, with a growing customer base and cutting-edge solutions, is positioned for success. While not all picks guarantee success, this stock shows promise for substantial growth. To uncover potential winners, investors can utilize Zacks’ Stock Analysis Reports and recommendations.



Read more at NASDAQ: Tesla (TSLA) Reports Next Week: Wall Street Expects Earnings Growth