Tesla (TSLA) reported 3rd Quarter September 2018 earnings of $3.33 per share on revenue of $6.8 billion. The consensus estimate was a loss of $0.19 per share on revenue of $5.8 billion. The Earnings Whisper number was $0.03 per share. Revenue grew 128.6% on a year-over-year basis.
The company said it continues to expect to be profitable in the fourth quarter. The current consensus estimate is earnings of $0.76 per share for the quarter ending December 31, 2018.
Tesla Motors Inc designs, develops, manufactures and sells high-performance fully electric vehicles and electric vehicle powertrain components.
Tesla Releases Third Quarter 2018 Financial Results
PALO ALTO, Calif., Oct. 24, 2018 (GLOBE NEWSWIRE) -- Tesla has released its financial results for the third quarter of 2018 by posting the current Update Letter on its Investor Relations website. Please visit http://ir.tesla.com to view the letter.
As previously announced, Tesla management will host a live question & answer (Q&A) webcast at 3:30 p.m. Pacific Time (6:30 p.m. Eastern Time) to discuss the results and outlook.
| ||Tesla Third Quarter 2018 Financial Results Q&A Webcast|
Wednesday, October 24, 2018
3:30 p.m. Pacific Time / 6:30 p.m. Eastern Time
http://ir.tesla.com (live and replay)
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The webcast will be archived on the company’s website following the call.
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Source: Tesla, Inc.