Tesla Earnings Date

Tesla Q1 Earnings: Analyst Expectations and Live Blog Coverage

After-Market Earnings Report

Tesla is scheduled to release its first-quarter earnings report today, April 23, after market close. Analysts are expecting the company to report lower-than-expected revenue and earnings due to a shortfall in vehicle sales.

Stock Performance

Despite the anticipated weak earnings report, Tesla shares rose 18% during Tuesday's trading session. However, the stock has struggled so far this year, with a year-to-date decline of over 10%.

Quarterly Sales

One of the key factors driving the expected decline in earnings is Tesla's anemic first-quarter sales. According to LSEG, the company is expected to report a significant drop in vehicle deliveries compared to the previous quarter.

Analysts' Expectations

Analysts surveyed by LSEG have provided their forecasts for Tesla's first-quarter earnings. On average, they anticipate the company to report revenue of $17.4 billion and earnings per share (EPS) of $0.90. These estimates are below Tesla's own guidance and the consensus estimates from Wall Street analysts.

Live Blog Coverage

For live updates on Tesla's earnings report, follow our live blog coverage starting at the time of the announcement. We will provide real-time commentary from our analysts, as well as any significant updates from the company.