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Tesla announced earnings per share of $0.8 on revenue of $10.74B. Analysts polled by Investing.com anticipated EPS of $1.04 on revenue of $10.47B.
Tesla shares are down 6% from the beginning of the year, still down 4.02% from its 52 week high of $900.13 set on January 25. They are under-performing the S&P 500 which is down 0.08% from the start of the year.
Tesla shares lost 2.94% in after-hours trade following the report.
Tesla’s report follows an earnings beat by Louis Vuitton ADR on Wednesday, who reported EPS of $2.02 on revenue of $17.4B, compared to forecasts EPS of $1.75 on revenue of $17.34B.
PACCAR had missed expectations on Tuesday with fourth quarter EPS of $1.17 on revenue of $5.14B, compared to forecast for EPS of $1.21 on revenue of $5.2B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
