Tesla Motors's Upcoming Earnings: What You Need To Know

Checking expectations

Seth Jayson
Seth Jayson
Feb 11, 2013 at 12:00AM
Other

Tesla Motors (Nasdaq: TSLA) is expected to report Q4 earnings around Feb. 15. 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 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.

Revenue details
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.

EPS details
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.

Recent performance
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.

Looking ahead

The full year's average estimate for revenue is $404.3 million. The average EPS estimate is -$3.07.

Investor sentiment
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.

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