Tesla has released company-compiled estimates from major analysts ahead of its second-quarter earnings report. The figures reflect average projections from 23 financial institutions.
Wall Street analysts expect the company to report total revenue of $27.58 billion. This includes $20.05 billion from the automotive segment, $3.77 billion from energy generation and storage, and $3.76 billion from services and other operations.
Profitability forecasts show an adjusted non-GAAP earnings per share of $0.55 and a GAAP figure of $0.36. Gross margin is projected at 19.5 percent, with operating margin at 5.4 percent.
Capital expenditures are estimated at $6.7 billion, leading to expected negative free cash flow of $3.25 billion. For the full year, analysts project 1.73 million vehicle deliveries, primarily from the Model 3 and Model Y lines.
The data comes from institutions including Barclays, Bank of America, Goldman Sachs, and Morgan Stanley.
