TESLA EARNINGS
Now eligible for SP500 inclusion posting 4 consecutive positive quarters of GAAP EPS:
$6.35 billion Y/Y GAAP earnings per share: 50 cents, vs. GAAP loss per share of $1.06 expected & GAAP loss per share of $2.31 Y/Y
Tesla 2Q EPS 50c Vs. Loss/Shr $2.310 Y/Y
Q2 Free Cash Flow $418m, Est. Loss $617.9m
Q2 Rev. $6.04b, Est. $5.40b
Delivering Half Million Vehicles In 2020 Remains Target
It generated a record $428MM from sale of regulatory credits
From MarketWatch:
Chipotle shares declined 1.3% after hours, following a 1.9% rise in the regular session to close at $1,185.27.
second-quarter net income of $8.2 million, or 29 cents a share, compared with $91 million, or $3.22 a share, in the year-ago period.
Adjusted earnings were 40 cents a share, compared with $3.99 a share in the year-ago period.
Revenue declined to $1.36 billion from $1.43 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 35 cents a share on revenue of $1.33 billion.
Same-…
