Tesla shares drop 2.17%; Q1 EPS seen at $0.39 (+44%) on $22.5B revenue (+16%)
Tesla shares fell 2.17% Friday, underperforming a 1.33% S&P loss while gaining 2.1% month to date, outpacing the Auto sector. Analysts project Q1 EPS of $0.39 (+44%) on $22.5B revenue (+16%) and full-year EPS of $2.08 on $102.7B revenue, trading at a 195 forward P/E.
1. Market Performance
Tesla shares closed down 2.17% in the most recent session, underperforming the 1.33% drop in the S&P 500 while advancing 2.1% over the past month, outpacing the Auto sector.
2. Earnings Estimates
Analysts forecast Q1 earnings of $0.39 per share, a 44.4% increase year over year, on revenue of $22.51 billion, up 16.4%, and project full-year EPS of $2.08 on $102.71 billion in revenue.
3. Valuation Metrics
Tesla trades at a 195.3 forward price-to-earnings ratio, well above the 15.6 average for the Auto - Domestic industry, and holds a PEG ratio of 8.31 versus the industry’s 1.03.
4. Analyst Ratings
Consensus ratings classify Tesla as a Sell, reflecting a 5.93% decline in EPS estimates over the past month and signaling tempered profitability expectations.