23.10.2019 23:30:39
|
Tesla Profit Tops Street, "highly Confident" To Meet Delivery Outlook, Shares Up
(RTTNews) - Shares of Tesla Motors Inc. (TSLA) surged 12% in extended trading session on Wednesday after the luxury electric car maker reported a surprise third-quarter profit, which trumped Wall Street estimates. Looking forward, the company said it is "highly confident" to exceed 360,000 deliveries this year.
Palo Alto, California-based Tesla reported third-quarter profit of $143 million or $0.80 per share, compared to last year's profit of $311 million or $1.82 per share.
Excluding items, adjusted earnings for the quarter were $1.91 per share, up from $3.02 per share last year. On average, 23 analysts polled by Thomson Reuters expected loss of $0.42 per share for the quarter.
Tesla's revenues for the quarter surged dropped 8% to $6.30 billion from $6.82 billion last year. Analysts had a consensus revenue estimate of $6.33 billion.
According to the company, the percentage of leased vehicles has tripled which led to revenue decrease.
In the third quarter, Tesla said it delivered 79,703 Model 3s to customers, up 42% from last year and 3% from previous quarter. Tesla said it built 79,837 Model 3 in the third quarter, up 50% year-over-year and 10% from last quarter. Model S/X deliveries were 17,483 down 37% from last year and 1% from previous quarter.
Looking ahead, Tesla said deliveries should increase sequentially and annually, with some expected fluctuations from seasonality. The company said it is "highly confident" to exceed 360,000 deliveries this year.
TSLA closed Wednesday's trading at $254.68, down $0.90 or 0.35%, on the Nasdaq. The stock, however, gained $32.21 or 12.65% in the after-hours trade.
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Teslamehr Nachrichten
29.11.24 |
S&P 500-Handel aktuell: S&P 500 schlussendlich auf grünem Terrain (finanzen.at) | |
29.11.24 |
NASDAQ 100-Handel aktuell: NASDAQ 100 beendet die Sitzung im Plus (finanzen.at) | |
29.11.24 |
Freitagshandel in New York: S&P 500 legt zu (finanzen.at) | |
29.11.24 |
Optimismus in New York: Das macht der NASDAQ 100 aktuell (finanzen.at) | |
29.11.24 |
Freundlicher Handel in New York: Zum Start Pluszeichen im NASDAQ 100 (finanzen.at) | |
29.11.24 |
Elon Musk: the ‘wild card’ in Trump’s dealings with China (Financial Times) | |
29.11.24 |
Elon Musk: the ‘wild card’ in Trump’s dealings with China (Financial Times) | |
26.11.24 |
S&P 500-Wert Tesla-Aktie: So viel Gewinn hätte eine Tesla-Investition von vor 5 Jahren eingebracht (finanzen.at) |
Analysen zu Teslamehr Analysen
26.11.24 | Tesla Outperform | RBC Capital Markets | |
18.11.24 | Tesla Underperform | Bernstein Research | |
18.11.24 | Tesla Outperform | RBC Capital Markets | |
15.11.24 | Tesla Outperform | RBC Capital Markets | |
14.11.24 | Tesla Hold | Jefferies & Company Inc. |