2023-01-25 21:25:59

Tesla Inc. Q4 Profit Increases, beats estimates

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Nasdaq
By Rtt News

(RTTNews) - Tesla Inc. (TSLA) announced earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $3.69 billion, or $1.07 per share. This compares with $2.32 billion, or $0.68 per share, in last year's fourth quarter.

Excluding items, Tesla Inc. reported adjusted earnings of $4.14 billion or $1.19 per share for the period.

Analysts on average had expected the company to earn $1.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

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