Will These Numbers from Tesla Motors Be Good Enough for You?

Tesla Motors (Nasdaq: TSLA  ) is expected to report Q1 earnings on May 8. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Tesla Motors's revenues will grow 1534.7% and EPS will turn positive

The average estimate for revenue is $493.1 million. On the bottom line, the average EPS estimate is $0.03.

Revenue details
Last quarter, Tesla Motors logged revenue of $306.3 million. GAAP reported sales were much higher than the prior-year quarter's $39.4 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at -$0.65. GAAP EPS were -$0.79 for Q4 compared to -$0.78 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 7.8%, much worse than the prior-year quarter. Operating margin was -29.7%, much better than the prior-year quarter. Net margin was -29.4%, much better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.92 billion. The average EPS estimate is $0.17.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 858 members out of 1,296 rating the stock outperform, and 438 members rating it underperform. Among 322 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 171 give Tesla Motors a green thumbs-up, and 151 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Tesla Motors is outperform, with an average price target of $36.71.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends Tesla Motors. The Motley Fool owns shares of Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


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