The Model S remains Tesla’s main source of revenue – meaning there shouldn’t be too much of a surprise on the revenue side, but let’s take a look at what to expect in numbers: Wall Street’s revenue consensus is $1.21 billion for the quarter, while Estimize, the financial estimate crowdsourcing website, predicts $1.23 billion in revenue.
Here’s the website’s predictions for Tesla’s revenue over the past 2 years – Estimize predictions in blue – Wall Street consensus in grey – Actual results in green:
As for earnings per share, or rather loss per share, the Wall Street consensus is a loss of $0.53 for the quarter, while Estimize’s prediction is a loss of $0.49 per share.
Earnings per share over the last 2 years – Estimize predictions in blue – Wall Street consensus in grey – Actual results in green:
Alongside financial data, shareholders are also expecting several updates regarding the ramp-up of the Model X, early deliveries of energy storage products and maybe a report on the company’s trial period of the referral program.
Tesla will release the results after market close on Tuesday, November 3, 2015 and management will hold a conference call with Q&A at 2:30pm Pacific Time (5:30pm Eastern Time).
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