Analysts Eager For Updates In Upcoming Call

Tesla Q3 Earnings Preview

Analysts Eager for Updates in Upcoming Call

Full-Year Earnings Forecast Calls for Decline, Revenue to Hold

WEB Tesla (NASDAQ: TSLA) is set to release its third-quarter earnings report on Wednesday after the market closes. Analysts are anticipating updates on the company's progress in the face of economic headwinds and supply chain disruptions.

For the full year ending in December, earnings per share are projected to decline by 17.7% year-over-year, falling to $3.35 per share. However, full-year revenue is expected to hold steady.

Tesla produced 365,923 vehicles in Q3 FY 2022 but shipped only 343,830, indicating a potential backlog of orders.

The Wall Street consensus for this quarter's earnings is $2.2005 billion, while Estimize, a financial estimate crowdsourcing website, predicts a slightly higher figure.