Inside Tesla Motors Inc.’s Upcoming Third Quarter Earnings Release

Tesla Motors Inc. (NASDAQ:TSLA) will unveil its latest earnings on Wednesday, November 2, 2011. Tesla Motors designs, develops, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components.

Tesla Motors Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for a loss of 66 cents per share, a wider loss from the year earlier quarter net loss of 41 cents. During the past three months, the average estimate has moved down from a loss of 57 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at a loss of 66 cents during the last month.

Past Earnings Performance: The company fell short of estimates last quarter after topping forecasts the quarter prior. In the second quarter, it reported net loss of 60 cents per share against a mean estimate of 55 cents. Two quarters ago, it beat expectations by 2 cents with a loss of 50 cents.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 51.3% in revenue from the year-earlier quarter to $47.3 million.

Analyst Ratings: Analysts are bullish on this stock with six analysts rating it as a buy, one rating it as a sell and one rating it as a hold. Over the past 90 days, the average rating for the stock has moved up from hold to moderate buy.

A Look Back: In the second quarter, the company’s loss widened to a loss of a $58.9 million (60 cents a share) from a loss of $38.5 million ($5.04) a year earlier, missing analyst expectations. Revenue rose more than twofold to $58.2 million from $28.4 million.

Key Stats:

The company’s revenue has risen for two straight quarters. In the first quarter, the figure rose more than twofold.

The company boosted its gross margin by 9.8 percentage points in the in the second quarter. Revenue rose 104.8% while cost of sales rose 79.1% to $39.7 million from a year earlier.

Competitors to Watch: Toyota Motor Corp. (NYSE:TM), HONDA MOTOR CO., LTD. (NYSE:HMC), General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F), Tata Motors Limited (NYSE:TTM), Spartan Motors, Inc. (NASDAQ:SPAR) and Federal Signal Corporation (NYSE:FSS)

Stock Price Performance: During September 29, 2011 to October 27, 2011, the stock price had risen $4.64 (19.2%) from $24.12 to $28.76. The stock price saw one of its best stretches over the last year between February 23, 2011 and March 4, 2011 when shares rose for eight-straight days, rising 14.3% (+$3.12) over that span. It saw one of its worst periods between August 12, 2011 and August 22, 2011 when shares fell for seven-straight days, falling 16.6% (-$4.36) over that span. Shares are up $2.13 (+8%) year to date.

(Source: Xignite Financials)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.