Tesla Headed for Another Quarterly Loss: What to Watch - News Summed Up

Tesla Headed for Another Quarterly Loss: What to Watch


Electric vehicle maker Tesla Inc. is scheduled to release third-quarter earnings after the market closes Wednesday. Here’s what you need to know:EARNINGS FORECAST: Tesla is expected to post an adjusted loss of 46 cents a share, according to analysts surveyed by FactSet, compared with an adjusted profit of $2.90 a share in the year-prior period. Analysts see Tesla remaining in the red even though Chief Executive Elon Musk told them in July that, after two straight unprofitable quarters, the company would break-even in the...


Source: Wall Street Journal October 23, 2019 09:56 UTC



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