Markets Await Tesla's Results on Wednesday

On Wednesday, October 26, Tesla releases third quarter results after the markets close.
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On Wednesday, October 26, Tesla (TSLA) - Get Report releases third quarter results after the markets close. Analysts polled by Thomson Reuters expect profits of $0.06 a share on sales of $2.34 billion. During the same quarter a year ago, the company reported a loss of $0.58 a share and sales of $1.24 billion. Back in August, Tesla CEO Elon Musk sent a memo to employees stressing the importance of showing profitability in the third quarter. The memo was published by Bloomberg. Boeing (BA) - Get Report , The Coca-Cola Company (KO) - Get Report and Mondelez International (MDLZ) - Get Report report quarterly results before the markets open. On the economic calendar, new home sales figures for September are out at 10 a.m. EDT, while the EIA Petroleum Status report is released at 10:30 a.m. TheStreet's Scott Gamm reports from Wall Street.