Electric vehicle and energy storage system manufacturer Tesla Inc. reports first-quarter earnings after the bell on Wednesday, May 2. It’s expected to report a loss of $0.55 per share on revenue of $2.5 billion, according to consensus third-party analyst estimates. Analyst estimates range widely for the quarter with the primary range of losses between $0.43 and $0.67 per share. In Q1 2016, Tesla posted a loss of $0.57 per share on revenue of $1.6 billion. However, that performance is coming on the heels of a 10.97% decline in 2016, when the company substantially lagged major indexes.

Source: Forbes May 03, 2017 15:00 UTC