Q2 Earnings Beat: Tesla and Las Vegas Sands
- July 20th, 2023
- 650 views
Tesla, Inc. (Nasdaq: TSLA) has released its second-quarter 2023 financial results, surpassing earnings expectations with an adjusted EPS of $0.91 compared to the consensus estimate of $0.82. The company's quarterly revenues surged 47% year-over-year (about 6.5% quarter-over-quarter) to $24.927 billion, exceeding the consensus estimate of $24.48 billion.
$TSLA was trading at $279.07 in after-hours, down $12.19 (-4.19%).
In other news, Las Vegas Sands Corp. (NYSE: LVS) released its second-quarter 2023 financial results, reporting adjusted earnings per share (EPS) from continuing operations of $0.46 and revenue of $2.54 billion, beating the consensus estimate of $0.43 EPS on revenue of $2.39 billion for the period.
Additionally, the company announced the resumption of its capital return program, reinstating its quarterly dividend at $0.20 per common share.
In after-hours, $LVS was trading at $57.66, reflecting a decline of $2.00 (-3.35%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
DOT, DoW, DHS Join Forces to Protect Southern Border Airspace
October 16th, 2026FTC Sues Ticket Broker Over Unlawful Tactics Used to Buy Millions of Tickets to Popular Live Events
October 15th, 2026October 15th, 2026FDA Approves First Treatment for Certain People With BCG-Unresponsive Bladder Cancer
October 14th, 2026U.S. Treasury Announces Record Enforcement Actions Against Bank of America
October 14th, 2026
Member Login