Categories AlphaGraphs, Earnings, Industrials
Earnings: Tesla (TSLA) Q3 revenue up 56%; profit beats estimates
Tesla Inc. (NASDAQ: TSLA) on Wednesday said its third-quarter earnings rose sharply and topped expectations. Driving the bottom-line growth, revenues increased by 56%.
Revenues of the Austin-based electric car maker advanced 56% year-over-year to $21.45 billion during the three-month period but missed estimates. The company produced a total of 365,923 vehicles and delivered 343,830 units, mainly comprising the Model-3 and Model-Y variants.
Earnings, excluding one-off items, rose to $1.05 per share in the third quarter from $0.62 per share a year earlier. Experts were looking for slower growth. Third-quarter unadjusted net income moved up to $3.29 billion or $0.95 per share from $1.62 billion or $0.42 per share in the same period of 2021.
Check this space to read management/analysts’ comments on Tesla’s Q3 report
TSLA’s stock has lost about 35% since the beginning of the year. It closed Wednesday’s regular trading higher but declined in the extended session soon after the announcement.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
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
