The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Tesla Motors's revenues will expand 661.0% and EPS will remain in the red.
The average estimate for revenue is $299.7 million. On the bottom line, the average EPS estimate is -$0.52.
Last quarter, Tesla Motors reported revenue of $50.1 million. GAAP reported sales were 13% lower than the prior-year quarter's $57.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.92. GAAP EPS were -$1.05 for Q3 against -$0.63 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was -17.5%, 4,740 basis points worse than the prior-year quarter. Operating margin was -216.5%, 10,470 basis points worse than the prior-year quarter. Net margin was -221.1%, 10,820 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $404.3 million. The average EPS estimate is -$3.07.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 717 members out of 1,127 rating the stock outperform, and 410 members rating it underperform. Among 294 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 137 give Tesla Motors a green thumbs-up, and 157 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 $36.54.
The rich are different than you and me: They might not notice the moneymaking stories right under our noses. In our new report, "Middle-Class Millionaire-Makers: 3 Stocks Wall Street's Too Rich to Notice," we give you three Peter Lynch-inspired buy-what-you-know stocks for the 99%. Click here for instant access to this free report.
- Add Tesla Motors to My Watchlist.
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.