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Stock impact report

Earnings Growth Poised to Accelerate [Yahoo! Finance]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Yahoo! Finance
Here are the key points: Total earnings for the 440 S&P 500 members that have reported Q1 results are up +5.0% from the same period last year on +4.2% higher revenues, with 78.0% beating EPS estimates and 60.9% beating revenue estimates. The earnings and revenue growth pace for these 440 index members represents a modest acceleration from what we had seen in other recent periods. The +5% earnings growth pace improves to +11.9% once the Energy sector and Bristol Myers's one-time charge are accounted for. For 2024 Q2, S&P 500 earnings are expected to be up +9.2% from the same period last year on +4.5% higher revenues. Estimates have been increasing since the start of April, with the current +9.2% earnings growth pace up from +8.7% on April 3 rd Looking at the calendar year picture, total S&P 500 earnings are expected to grow by +8.9% this year after last year's modest decline. Excluding the hefty Tech sector contribution, whose 2024 earnings are expected to be up +15.9%, earnin Show less Read more
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