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Tesla (TSLA) is about to release revenue in the third quarter – here's what to expect




Tesla (TSLA) will announce its financial results for the third quarter of 2019 today, Wednesday, October 23, after the markets close. As usual, a conference call and questions and answers are set with Tesla's management, according to the results. This time it will be an hour later than usual: 15:30 PT (18:30 ET).

Here we take a look at what both street and retail investors expect for the quarterly results.

Tesla Q3 Deliveries in 2019

As usual, Tesla's vehicle deliveries drive most of the revenue results, as vehicle sales represent the car manufacturer's most important revenue stream at the moment.

Tesla already released Q3 201[ads1]9 figures confirming a new record of 97,000 deliveries and the production of 96 155 cars.

This is the second quarter in a row that Tesla achieved new record deliveries – albeit at a slight pace over the last record.

Production increases more with the car manufacturer producing nearly 10,000 more cars than in the previous quarter.

Tesla Q3 2019 Revenue [19659004] Wall Street's revenue consensus for Tesla during the third quarter is $ 6.517 billion, and Estimize, the financial estimate for the crowd sourcing site, forecasts a slightly higher revenue of $ 6.621 billion.

Interestin gly, it may be the first time in a long time that Tesla's revenue from year to year is down despite new record deliveries.

Analysts see a significant drop in price per vehicle, and although deliveries are up, they believe Tesla's revenue may fall below Q3 2018 when Tesla reported $ 6.8 billion in revenue.

The predictions for Tesla's revenue over the past two years: Estimate predictions in blue, Wall Street consensus in gray, actual results in green:

Although that's what analysts expect – both Wall Street and Estiimize series include a slow pace over Q3 2018 figures.

Tesla Q3 2019 earnings

Earnings per share, or perhaps loss per share , it's hard to say this quarter.

The Wall Street consensus is a small loss of $ 0.15 per share for the quarter, while Estimate's prediction is a slightly larger loss of $ 0.25 per share.

Earnings per share for the past two years: Estimate predictions in blue, Wall Street consensus in gray, actual results in green:

Tesla has headed its goal of being around profitability soon, but the market is not waiting for it this quarter.

Other expectations for the TSLA shareholder letter and the analytics interview

It's definitely an interesting call this week, especially in terms of guidance into the fourth quarter, which I don't think most people understand very well at this time.

Tesla's Q4 growth is going to be very dependent on Gigafactory 3 production startup.

I expect management to talk about it and the actual production start, which is expected any day now.

Gigafactory 3 will not only improve deliveries in China, but it will also release some production in Fremont for Tesla to increase deliveries in other markets.

I also think analysts and investors would like to know how Tesla has been spending their money lately.

The carmaker has boasted about how the Chinese Model 3 turns out to be very capital efficient and the preparations for starting Model Y production in Fremont will also require much less capital than the Model 3 production.

More color to it as one is about to start production and the preparations for the other will increase be appreciated.

Tesla has also led a return of the Sun's business in 2019, and although there have been many announcements, we have not yet seen it in the numbers.

It would be interesting to see changes in the front and leadership that discuss the plan.

We have also recently reported on Tesla which plans to open new & # 39; Tesla centers & # 39; to avoid bargaining restrictions and a restructuring of the sales and delivery organization.

The company has not yet commented on these changes and it would be interesting to hear about them today.

What about you? What do you want to know about Tesla's earnings? Let us know in the comments section below and join us later today for all the news to come out of revenue.

Full disclosure: I am a long time TSLA.


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