This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Tesla Needs Blowout Numbers, or It Will Crash After Earnings Tonight

By tapping into a wider range of contributors including hedge-fund analysts, asset managers, independent research shops, students, and non professional investors Estimize has created a data set that is more accurate than Wall Street up to 69.5% of the time.

More importantly, Estimize does a better job of representing the market's actual expectations, according to Deutsche Bank Quantitative Research and an independent academic study from Rice University. Stock prices tend to react more closely to the Estimize benchmark expectations than to the Wall Street consensus.

The magnitude of the difference between the Wall Street and Estimize consensus numbers often identifies opportunities to take advantage of expectations that may not have been priced into the market.

In this case the stock is in the middle of a selling frenzy, but we are seeing a large and positive difference between the earnings expectations from Estimize and Wall Street.

image

The distribution of estimates by analysts on the Estimize.com platform range from 4 cents to 42 cents per share in earnings, and from $590 million to $874 million in revenue. This quarter we're seeing a moderate to wide range of estimates on Tesla compared to previous quarters.

The size of the distribution of estimates relative to previous quarters often signals whether or not the market is confident that it has priced in the expected earnings already. A wider distribution of EPS estimates signals less agreement in the market, which could mean greater volatility post-earnings.

image

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
TSLA $231.94 0.62%
AAPL $126.21 -1.90%
FB $77.58 -1.60%
GOOG $532.90 -1.50%
YHOO $41.29 -1.80%

Markets

DOW 17,911.65 -158.75 -0.88%
S&P 500 2,091.79 -22.70 -1.07%
NASDAQ 4,940.3570 -76.5720 -1.53%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs