Breaking: Tesla and Equifax Miss Wall Street Estimates
- October 18th, 2023
- 453 views
Tesla, Inc. (Nasdaq: TSLA), an electric vehicle and clean energy company, posted third-quarter 2023 earnings of $0.66 per share, falling short of the consensus EPS estimate of $0.73. The company's quarterly sales totaled $23.35 billion, below analysts' revenue projections of $24.38 billion for the period.
$TSLA was trading at $233.97 in after-hours, down $8.71 (-3.59%).
In other news, Equifax Inc. (NYSE: EFX), a global data, analytics, and technology company, reported Q3 2023 earnings of $1.76 per share, falling short of the consensus EPS estimate of $1.78. The company's quarterly revenue amounted to $1.32 billion, falling short of the analysts' revenue forecast of $1.33 billion.
Citing the impact of a weaker-than-expected U.S. mortgage market and foreign exchange fluctuations, Equifax is adjusting its full-year 2023 guidance at the midpoint to revenue of $5.256 billion and adjusted EPS of $6.67 per share. This contrasts with the consensus EPS estimate of $6.91 on revenue of $5.29 billion for the period.
In after-hours, $EFX was trading at $164.15, reflecting a decrease of $11.01 (-6.29%).
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