Investing.com - Tesla (NASDAQ:TSLA) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Tesla announced earnings per share of $2.27 on revenue of $14.6B. Analysts polled by Investing.com anticipated EPS of $1.86 on revenue of $16.52B.
Tesla shares are down 29% from the beginning of the year and are trading at $760.31 , down-from-52-week-high.They are under-performing the Nasdaq which is down 23.95% from the start of the year.
Tesla shares gained 2.40% in after-hours trade the report.
Tesla follows other major Consumer Discretionary sector earnings this month
Tesla's report follows an earnings beat by Nike on Monday, June 27, 2022, who reported EPS of $0.9 on revenue of $12.23B, compared to forecasts EPS of $0.8015 on revenue of $12.06B.
Fast Retailing ADR had beat expectations on Thursday, July 14, 2022 with second quarter EPS of $0.6426 on revenue of $3.94B, compared to forecast for EPS of $0.2985 on revenue of $3.95B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar