Tesla is expected to announce $0.65 profit per share for Q4 earnings
From Nasdaq: 2025-01-02 14:43:31
Tesla, Inc. (TSLA) is a leading company in electric vehicles, energy storage, and clean energy solutions, valued at $1.3 trillion. Analysts expect a profit of $0.65 per share for its Q4 earnings announcement on Jan. 22. Despite a projected decline in EPS for fiscal 2024, growth is anticipated in fiscal 2025.
TSLA stock has outperformed major indices over the past year, with shares up 62.5%. Tesla’s success is driven by innovations in autopilot features, battery technology, strong demand, and AI advancements. With a focus on autonomous vehicles and clean energy, Tesla remains a leader in technology and sustainability, with bullish long-term prospects.
In Q3, Tesla reported adjusted EPS of $0.72, surpassing expectations, but revenue fell short. Analysts have a cautious outlook on TSLA stock, with a mix of ratings from “Strong Buy” to “Strong Sell.” While currently trading above the mean price target, the Street-high target suggests a 27.5% upside potential. Tesla’s performance remains closely watched in the market.
Read more at Nasdaq: Here’s What to Expect From Tesla’s Next Earnings Report
