NEW YORK (TheStreet) --Tesla Motors Inc. (TSLA) is scheduled to release its third quarter 2014 earnings results after the market close on Wednesday, and analysts are expecting mixed results from the electric vehicle maker.
Analysts polled by FactSet are anticipating Tesla Motors will post break even earnings for the most recent quarter, on revenue of $895 million, Market Watch reports.
For the same period in 2013 Tesla Motors reported earnings of 12 cents per share, on revenue of $603 million.
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Shares of Tesla Motors are down by 2.37% to $236.84 in late morning trading on Tuesday.
Separately, TheStreet Ratings team rates TESLA MOTORS INC as a Hold with a ratings score of C-. TheStreet Ratings Team has this to say about their recommendation:
"We rate TESLA MOTORS INC (TSLA) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and generally higher debt management risk."