Company News: Tesla (TSLA) posts Q2 EPS of $2.18

Market news

23 July 2020

Company News: Tesla (TSLA) posts Q2 EPS of $2.18

Tesla (TSLA) reported Q2 FY 2020 earnings of $2.18 per share (versus -$1.12 per share in Q2 FY 2019), better than analysts’ consensus estimate of -$0.16 per share.

The company’s quarterly revenues amounted to $6.036 bln (-4.9% y/y), beating analysts’ consensus estimate of $5.310 bln.

TSLA rose to $1,679.78 (+5.49%) in pre-market trading.

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