Tesla delivered a record 495,570 units in Q4, with positive earnings outlook and revenue growth.

From Nasdaq: 2025-01-27 09:57:00

Tesla (TSLA) is set to report Q4 2024 results on Jan. 29, focusing on vehicle deliveries and profit margins. In Q3 2024, EPS was 72 cents, with revenues at $25.18 billion. Production totaled 469,796 units, with deliveries of 462,890 vehicles. Cash equivalents were $33.6 billion.

In Q4, Tesla delivered 495,570 units, a new record. Model 3 and Y deliveries totaled 471,930 units. Forecasts predict 4.5% growth in automotive revenues. Margins are expected to improve to 18.4%. The consensus estimate for earnings is 74 cents per share and $27.50 billion for sales.

Other companies like GM, PCAR, and LEA also have positive earnings outlooks. GM has an Earnings ESP of +2.85%, PCAR has +1.19%, and LEA has +7.86%. GM is set to post earnings tomorrow, with estimates at $1.75 per share. PCAR and LEA are scheduled to report earnings soon as well.

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Read more at Nasdaq: Will Record Vehicle Deliveries Help Tesla Report Q4 Earnings Beat?