Save it to your desktop, read it on your tablet, or email to your colleaguesThe automaker reported $6 billion in revenue and non-GAAP earnings of $2.18 per share, compared to the consensus numbers of $5.2 billion in sales and losses of 48 cents per share. Q1 Earnings were a huge surprise and a big beat to the upside, and though EPS was expected to show a decline of The massive rally in the share price during July has been on the back of key deliveries which were announced on July 2. That’s enough to get it into the S&P 500, right? That’s enough to get it into the S&P 500, right? © American Consumer News, LLC dba MarketBeat® 2010-2020. It also reiterated hits guidance of 500,000 vehicle deliveries this year, although it added that reached that number could be more difficult due to supply constraints.Subscribe to ValueWalk Newsletter. Learn about financial terms, types of investments, trading strategies and more.MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Tesla reported its first full year of GAAP profits, along with second-quarter results Wednesday. Tesla (TSLA) reports earnings on 10/21/2020. Jonas praised the company's positive free cash flow result of $418 million as he had been expecting to see $1 billion in cash burn. The company earned $6.04 billion during the quarter, compared to the consensus estimate of $4.96 billion. Topics When autocomplete results are available use up and down arrows to review and enter to select. Tesla last announced its earnings data on July 22nd, 2020. Touch device users, explore by touch or with swipe gestures.var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /^([^@\s]+)@((?:[-a-z0-9]+\. Regulatory credits aid Tesla's Q2 2020 earnings results. Spak noted that credits over the last four quarters have amounted to about $1.05 billion.The company said its regulatory credits could double this year, which suggests they will reach $1.2 billion. The dark blue line represents the company's actual earnings per share. Quick Links Tesla has generated ($4.92) earnings per share over the last year and currently has a price-to-earnings ratio of 1,166.0. He noted that He also expects momentum for Tesla stock to continue amid the possibility of it being added to the S&P 500. Tesla Inc. has posted four quarters of positive earnings. Tesla released its Q2 2020 earnings report last night, and analysts responded with a flood of price target increases for Tesla stock.We’re finally starting to see a significant number of analysts with price targets in excess of $1,000, although the company’s valuation still gives most analysts pause. Tesla, Inc. (TSLA) latest earnings report: revenue, EPS, surprise, history, news and analysis. TESLA Inc. report 2020 Q2 Earnings on Wednesday July 22 after the North American markets have closed at 20:10 GMT. During the period ending June 30, 2020, Elon Musk's electric car … Tesla last posted its quarterly earnings data on July 22nd, 2020. The most Bullish is Piper Sandler who have upgraded their advice to Overweight and increased their target price from $939 to Technically, the Daily chart breached the 20-day moving average back on April 6th at We use cookies to ensure that we give you the best experience on our website. All rights reserved. The company had revenue of $6.04 billion for the quarter, compared to analyst estimates of $4.96 billion. Quick Links Tesla reported earnings per share of $2.18 in second-quarter 2020 against the Zacks Consensus Estimate of a loss of 49 cents. Tesla Inc. has posted four quarters of positive earnings. The Earnings Whisper Score gives the statistical odds for the stock ahead of earnings. TESLA, Daily. )+[a-z]{2,63}/i);}, failureMessage: "Value must not contain any URL's"});field11.add(Validate.Presence, {failureMessage:"This field is required"});field11.add(Validate.Length, {tooShortMessage:"Invalid length for field value", tooLongMessage: "Invalid length for field value", minimum: 4, maximum: 4});function handleFormSubmit(ele) { var submitButton = ele.querySelector('input[type=submit]'); var spinner = document.createElement('span'); spinner.setAttribute('class', 'loader'); submitButton.setAttribute('disabled', true); submitButton.style.cursor = 'wait'; submitButton.parentNode.appendChild(spinner); return true; }function resetSubmitButton(e){ var submitButtons = e.target.form.getElementsByClassName('submit-button'); for(var i=0;i