Tesla (NASDAQ:TSLA) reported its Q1 earnings results on Wednesday, April 19, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Tesla reported in-line EPS of $0.85 versus an estimate of $0.85.
Revenue was up $4.57 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 10.97% increase in the share price the next day.
Here’s a look at Tesla’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.13 | 1 | 0.64 | 0.75 |
| EPS Actual | 1.19 | 1.05 | 0.76 | 1.07 |
| Revenue Estimate | 24.16B | 21.96B | 17.39B | 17.76B |
| Revenue Actual | 24.32B | 21.45B | 16.93B | 18.76B |
To track all earnings releases for Tesla visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
