Tesla is scheduled to release its third-quarter 2025 results on October 22, with earnings estimated at 52 cents per share and revenues at $26.27 billion. The company delivered a record 497,099 cars in the quarter, with a boost from the expired $7,500 EV tax credit. Expectations are high for Tesla’s performance.
Despite a 2-cent decline in earnings estimates, Tesla is expected to see a 27.8% year-over-year earnings contraction, with revenues forecasted to grow by 4.3%. The company has a history of beating earnings estimates, with a 3.65% average negative surprise. Tesla’s performance in the third quarter will be closely watched by investors.
Tesla’s energy generation and storage revenues are expected to increase thanks to the positive reception of its Megapack and Powerwall products. The company deployed a record 12.5 GWh of energy storage in the third quarter, reflecting strong growth. With these positive trends, Tesla is poised for a successful quarter with anticipated growth in various segments.
Based on a positive Earnings ESP and a Zacks Rank of #1, #2, or #3, Tesla is expected to beat earnings estimates this season. The company’s Earnings ESP stands at +10.08% and it currently holds a Zacks Rank of #3. Investors are optimistic about Tesla’s performance in the upcoming earnings announcement.
In addition to Tesla, other companies in the auto space like Mobileye Global Inc., BorgWarner, and Lear Corporation are also expected to post strong earnings. Mobileye has an Earnings ESP of +4.62% and a Zacks Rank of #1, while BorgWarner and Lear Corporation have Earnings ESP of +0.38% and +1.14% respectively, with Zacks Rank of #3. Investors are advised to keep an eye on these companies for potential earnings beats.
Read more at Nasdaq: Tesla Q3 Earnings Preview: Will Record Deliveries Enhance Performance?