Categories AlphaGraphs, Earnings, Industrials
Earnings: Tesla (TSLA) Q4 2021 results beat estimates amid record deliveries
Tesla Inc. (NASDAQ: TSLA) on Wednesday said its fourth-quarter earnings rose sharply and topped expectations. Driving the bottom-line growth, revenues rose 65% and came in above analysts’ forecast.
Revenues of the Austin-based electric car maker advanced 65% year-over-year to $17.7 billion during the three-month period, which is well above the estimates. The company produced a total of 305,840 vehicles and delivered a record 308,650 units, mainly comprising the Model-3 and Model-Y variants.
Earnings, excluding one-off items, climbed to $2.54 per share in the fourth quarter from $0.80 per share a year earlier. Experts were looking for slower growth. Unadjusted net income moved up to $2.32 billion or $2.05 per share from $270 million or $0.24 per share in the fourth quarter of 2020.
Read management/analysts’ comments on Tesla’s Q4 report
TSLA’s market value more than doubled in the past twelve months. The stock closed Wednesday’s regular trading higher but declined in the extended session soon after the announcement.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
