Tesla: Q1 Earnings Insights

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Tesla 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.

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