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Tesla announced earnings per share of $0.76 on revenue of $8.77B. Analysts polled by Investing.com anticipated EPS of $0.55 on revenue of $8.26B.
Tesla shares are up 405% from the beginning of the year, still down 15.89% from its 52 week high of $502.49 set on September 1. They are outperforming the Nasdaq 100 which is up 33.58% from the start of the year.
Tesla shares gained 1.03% in after-hours trade following the report.
Tesla’s report follows an earnings beat by Nike on September 22, who reported EPS of $0.95 on revenue of $10.59B, compared to forecasts EPS of $0.47 on revenue of $9.13B.
Ferrari NV had missed expectations on September 24 with third quarter EPS of $0.05 on revenue of $670.24M, compared to forecast for EPS of $0.06 on revenue of $670.08M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
