Why Tesla (TSLA) Might Surprise This Earnings Season

Investors are always looking for stocks that are poised to beat at earnings season and Tesla, Inc. (TSLA Quick QuoteTSLA - Free Report) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.
Analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some favorable trends underneath the surface for TSLA in this report.

In fact, the Most Accurate Estimate for the current quarter is currently at 85 cents per share for TSLA, compared to a broader Zacks Consensus Estimate of 83 cents per share. This suggests that analysts have very recently bumped up their estimates for TSLA, giving the stock a Zacks Earnings ESP of +2.97% heading into earnings season
Given that TSLA has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings.
Clearly, recent earnings estimate revisions suggest that good things are ahead for Tesla, and that a beat might be in the cards for the upcoming report.