Bullish indicating open at $55-$60, IPO prices at $37
Investing.com - Tesla reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Tesla announced earnings per share of $2.27 on revenue of $14.6B. Analysts polled by Investing.com EPS of $1.86 on revenue of $16.52B.
Tesla 's are down 29% and is trading at $767.25 , still down 40.29% from its 52 week high of $1,243.49 set on Thursday, November 4, 2021.
Tesla shares gained 3.33% to trade at $767.25 in after-hours trade the report.
Tesla follows other major Consumer Discretionary sector earnings this month
Tesla's report follows an earnings beat by Nike on Monday, June 27, 2022, who reported EPS of $0.9 on revenue of $12.23B, EPS of $0.8015 on revenue of $12.06B.
Fast Retailing ADR had beat expectations on Thursday, July 14, 2022 with second quarter EPS of $0.6426 on revenue of $3.94B, for EPS of $0.2985 on revenue of $3.95B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar