Tesla Motors Inc (TSLA): Numbers to Follow at the Earnings Call

Tesla Motors Inc (NASDAQ:TSLA), the maker of all-electric cars, is scheduled to report its second quarter earnings after the bell on Thursday. CNBC‘s Phil LeBeau took a look at the company and provided a preview of its earnings, especially on what investors should look out for in the report coming out in the next several hours.

Tesla Motors Inc (NASDAQ:TSLA)

Besides looking into Tesla’s earnings expectations, LeBeau also looked into the company’s plans to build its Gigafactory to address its battery shortage problem. He also discussed the tenure of Tesla’s CEO Elon Musk, whom he said is likely to stay longer in the company, possibly beyond 2018.

When Tesla Motors Inc (NASDAQ:TSLA) reports second quarter results, LeBeau said that eyes will be on revenue and profits, and he said there have been various estimates about what the company is likely to report, but he provided figures that are widely expected.

“The number to look for when Tesla reports after the bell is a profit of four cents per share, revenue coming in at $811 million. I should point out that there are some people whispering that that four cents will be easily met and that you should look for a number close to maybe seven or eight cents, but again that is simply what a few people are talking about,” he said.

He went on to say that investors will be interested in more than just top line, and bottom line figures when Tesla Motors Inc (NASDAQ:TSLA) reports second quarter results. As such, LeBeau mentioned things to do with operating costs, deliveries and update on the planned Gigafactory that the company has talked much about in recent times as it faces cell shortage to the point that its production is trained.

“Remember, there was the agreement signed overnight with Panasonic where Panasonic is going to be one of the primary financial backers of the new Tesla Gigafactory. And that is going to be what we are looking on the earnings call after the bell […],” said LeBeau.

Tesla Motors Inc (NASDAQ:TSLA) is expected to start Model X deliveries next year, and Model 3 is expected to come out in 2017. On that note, investors will be interested to know if the company is ready for more production.

Disclosure: none

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!