Tesla Motors 2Q Earnings Pregame Scorecard

Last quarter Tesla Motors (NASDAQ:TSLA) missed analysts' estimates, but it gets a a chance to make up for it when it announces earnings on Wednesday, July 25, 2012.


Analysts currently expect Tesla Motors to come in with a loss of $1.03 per share on revenues of $30.6 million. Analysts gave estimates ranging from a loss per share to a loss per share. Over the past three months, the average estimate has moved down from a loss of 81 cents.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $4.45 per share between July 11, 2012 and July 16, 2012.

Company Fundamental Trends While last quarter's drop snapped a string of revenue increases, the company will look to right itself during the upcoming earnings period. Revenue rose more than twofold in the second quarter of the last fiscal year, 84.6% in the third quarter of the last fiscal year and 8.5%in the fourth quarter of the last fiscal year before dropping in the first quarter.

Stock Ratings

Analysts are bullish on the stock as seven analysts rate it as a buy and only two analysts rate it as a sell. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Last Quarter's Results

In the first quarter, the company's loss widened to a loss of a $89.9 million (86 cents a share) from a loss of $48.9 million (51 cents) a year earlier, missing analyst expectations. Revenue fell 38.5% to $30.2 million from $49 million.


Reporting Period: 2Q

Date of Release: Wednesday, July 25, 2012


Revenue Estimate: $30.6 million

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)