Investing.com - Tesla (NASDAQ:TSLA) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Tesla announced earnings per share of $1.05 on revenue of $21.45. Analysts polled by Investing.com anticipated EPS of $1.03 on revenue of $22.5B.
Tesla shares are down 36% from the beginning of the year and are trading at $222.57 , down-from-52-week-high.
Tesla shares gained 0.24% 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 Thursday, September 29, 2022, who reported EPS of $0.93 on revenue of $12.69B, compared to forecasts EPS of $0.922 on revenue of $12.28B.
Lennar had beat expectations on Wednesday, September 21, 2022 with third quarter EPS of $5.03 on revenue of $8.93B, compared to forecast for EPS of $4.81 on revenue of $8.93B.
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