Earnings Calendar for the week starting 22 Apr 2024 - can Tesla dip after its earnings?

KYHBKO
04-21

Earnings Calendar (22 Apr 2024)

There are a few earnings of interest in the coming week. Personally, SAP, UPS, Tesla, Meta, Chipotle, Microsoft, Alphabet, Intel, ExxonMobil and Chevron are earnings of interest.

Let us look at Tesla

Observations

  • Tesla's revenue grew from $3.1 billion in 2014 to $96.7 billion in 2023.

  • The gross profit grew from $0.8 billion in 2014 to $17.6 billion in 2023.

  • Operating profit started with a loss of $0.18B in 2014 and in the 2023 year achieved an $8.8 billion operating profit

  • Earnings per share (EPS) started at -$0.16 in 2014 and ended 2023 with $4.30.

  • Over a 10-year CAGR, revenue has grown 47.3% and assets have grown 46%. Free cash flow over the same. Has grown 144.1%.

Personally, Tesla is a good company with strong fundamentals. There are also good developments in other products like FSD, Tesla robots, and Tesla energy.

The stock has fallen 10.92% from a year ago and is lingering along the 52-week lows. The P/E is 31.08. Investing has a “strong sell” rating for the stock.

For the coming earnings, the forecast of Tesla’s EPS and revenue are 0.4922 and $22.27B respectively. The general market sentiment towards Tesla seems to be bearish amongst the Magnificent 7.

From the initial sales figures released by Tesla, it is possible that the earnings would disappoint leading to a decline of its stock price. Get Tesla is more than just an automotive company.  Tesla should be seen as an AI and innovation company supporting sustainability using green technology and AI. Even though FSD remains a moving target, it is closer to completion. We have also seen healthy growth in its energy sector and await more news about robotics.

Will Tesla's stock dip after its latest earnings?

@TigerStars

$Tesla Motors(TSLA)$

$Alphabet(GOOG)$

$Exxon Mobil(XOM)$

Hold or Sell? How to Trade This Earning Season?
After most bank stocks had a rough start, both $Taiwan Semiconductor Manufacturing(TSM)$ and $Netflix(NFLX)$ fell over 5% despite significantly exceeding earnings expectations, mainly due to weak guidance from these companies. Tesla and Meta will release earnings next week.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • MichaelPerez
    04-22
    MichaelPerez
    👍 Can't wait to see how their earnings will turn out!
    • KYHBKO: 
      you have spoken for many of us
  • KYHBKO
    04-23
    KYHBKO
    Price is what we pay.
    Value is what we get.
    The disconnect is a reason to buy or sell. Don't forget the margin of safety. Tesla leads in some of the greatest innovations.
Leave a comment
3
27