This post was originally published on this site
Tesla announced earnings per share of $3.22 on revenue of $18.76B. Analysts polled by Investing.com anticipated EPS of $2.24 on revenue of $17.63B.
Tesla shares are up 12% from the beginning of the year, still down 21.41% from its 52 week high of $1,243.49 set on November 4, 2021. They are outperforming the S&P 500 which is down 6.44% from the start of the year.
Tesla shares gained 4.64% in after-hours trade following the report.
Tesla’s report follows an earnings missed by BYD ADR on March 29, who reported EPS of $0.0661 on revenue of $11.18B, compared to forecasts EPS of $0.2333 on revenue of $6.72B.
Lululemon Athletica had beat expectations on March 29 with fourth quarter EPS of $3.37 on revenue of $2.13B, compared to forecast for EPS of $3.27 on revenue of $2.13B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
