Tesla ended its latest trading session at $366.37, up 2.32% and ahead of the S&P 500's 1.14% gain, with the Dow up 0.61% and the Nasdaq up 1.69%. Ahead of its upcoming earnings disclosure, the company's projected EPS is $0.47, a 6.00% drop from the same quarter a year earlier, while consensus revenue is forecast at $27.95 billion, a 0.5% decline. For the full fiscal year, Zacks Consensus Estimates project earnings of $1.79 per share and revenue of $105.97 billion, representing changes of +7.83% and +11.75% from the prior year. Tesla currently carries a Zacks Rank of #4 (Sell), and its consensus EPS projection was unchanged over the past 30 days. The stock trades at a Forward P/E of 200.93, a premium to its industry average of 17.48, and a PEG ratio of 8.89 versus an Automotive - Domestic industry average of 1.05.
Tesla IncTesla shares rose 2.32% ahead of earnings, but projected EPS is down 6% and it carries a Zacks Rank #4 (Sell) with a stretched Forward P/E of 200.93.
