Categories AlphaGraphs, Earnings, Technology
Earnings: Tesla (TSLA) Q1 2022 revenue up 81%; results beat estimates
Tesla Inc. (NASDAQ: TSLA) on Wednesday said its first-quarter earnings rose sharply and topped expectations. Driving the bottom-line growth, revenues rose 81% and came in above analysts’ forecast.
Revenues of the Austin-based electric car maker advanced 81% year-over-year to $18.8 billion during the three-month period, which is well above the estimates. The company produced a total of 305,407 vehicles and delivered a record 310,048 units, mainly comprising the Model-3 and Model-Y variants.
Earnings, excluding one-off items, climbed to $3.22 per share in the first quarter from $0.93 per share a year earlier. Experts were looking for slower growth. Unadjusted net income moved up to $3.32 billion or $2.86 per share from $438 million or $0.39 per share in the first quarter of 2021.
Check this space to read management/analysts’ comments on Tesla’s Q1 report
TSLA’s market value surged in the past twelve months. The stock closed Wednesday’s regular trading lower but gained in the extended session soon after the announcement.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
CCL Earnings: Highlights of Carnival Corporation’s Q4 2025 results
Cruise operator Carnival Corporation & plc (NYSE: CCL) on Friday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. Earnings topped analysts' expectations. Revenues
Lamb Weston (LW) Q2 2026 Earnings: Key financials and quarterly highlights
Lamb Weston Holdings, Inc. (NYSE: LW) reported its second quarter 2026 earnings results today. Net sales inched up 1% year-over-year to $1.62 billion. Net sales at constant currency remained flat.
Paychex reports higher Q2 FY26 revenue and earnings; EPS beats estimates
Paychex Inc. (NASDAQ: PAYX) on Friday reported stronger-than-expected adjusted earnings for the second quarter of fiscal 2026. Revenues grew 18% year-over-year. The Rochester-based human capital management solutions provider reported revenues
