Tesla (TSLA) closed the latest trading day at $228.21, indicating a +0.9% change from the previous session’s end. The stock’s change was less than the S&P 500’s daily gain of 1.07%. Elsewhere, the Dow saw an upswing of 0.31%, while the tech-heavy Nasdaq appreciated by 2.17%.
Heading into today, shares of the electric car maker had gained 8.82% over the past month, outpacing the Auto-Tires-Trucks sector’s gain of 7.16% and the S&P 500’s gain of 2.92% in that time.
The upcoming earnings release of Tesla will be of great interest to investors. The company is forecasted to report an EPS of $0.59, showcasing a 10.61% downward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $25.73 billion, reflecting a 10.18% rise from the equivalent quarter last year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.28 per share and…
