Earnings Preview: What To Expect From Tesla On Wednesday - Forbes

US-AUTO-TESLA-MODEL Y — Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on ... [+] March 14, 2019. (Photo by Frederic J. BROWN / AFP) (Photo credit should read FREDERIC J. BROWN/AFP/Getty Images)
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Tesla Inc. TSLA is scheduled to release earnings after Wednesday's close. The stock just hit a record high of $1794.99/share and is currently trading near $1612.65/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting:

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Earnings Preview:

Tesla is expected to report a loss of ($0.71)/share on $4.67 billion in revenue. Meanwhile, the so-called Whisper number is a loss of ($0.23). The Whisper number is the Street's unofficial view on earnings.

Company Profile & Various Businesses:

Here is a brief company profile:

Tesla, Inc., formerly Tesla Motors, Inc. TSLA , incorporated on July 1, 2003, designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, and sales of electric vehicles. The energy generation and storage segment includes the design, manufacture, installation, and sale or lease of stationary energy storage products and solar energy systems to residential and commercial customers, or sale of electricity generated by its solar energy systems to customers.

Pay Attention To How The Stock Reacts To The News:

From where I sit, the most important trait I look for during earnings season is how the market and a specific company reacts to the news. Remember, always keep your losses small and never argue with the tape.

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