On Wednesday, February 7th, Tesla (TSLA) will release its fourth quarter earnings results after the bell. The company is a Zacks Rank 4 (Sell), and have a Value, Growth, and Momentum score of F.
Dave will look at Tesla’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Tesla ahead of earnings.
Tesla in Focus
Tesla Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products. It operates primarily in the United States, China, Norway and internationally. Tesla Inc., formerly known as Tesla Motors Inc (NASDAQ:TSLA)., is headquartered in Palo Alto, California.
Tesla is expected to report earnings at -$3.19 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 3.92%. They reported earnings at -$3.06per share, beating their estimate of -$3.19. They have an average earnings surprise of 15.43% over the last 4 quarters.
Tesla Inc. (TSLA): Free Stock Analysis Report
PRO-ULT VIX STF (UVXY): ETF Research Reports
IPATH-SP5 VX ST (VXX): ETF Research Reports
Original post
Zacks Investment Research