Daily Market Updates: Tesla Earnings Test XLY After Sector-Leading 5-Day Run

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Tesla Earnings Test XLY After Sector-Leading 5-Day Run

Reported · Written up by our desk · Equity Funds

Tesla, Inc. (TSLA) beat Wall Street’s profit forecast Wednesday even as its auto revenue slipped, putting a top consumer discretionary ETF holding in focus. Key Takeaways: Adjusted earnings of 48 cents per share topped estimates, though core automotive revenue declined 3% from a year earlier. Free cash flow reached $1.53 billion as Tesla trimmed its [...] The post Tesla Earnings Test XLY After Sector-Leading 5-Day Run appeared first on ETF Trends .

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ETF TrendsTesla Earnings Test XLY After Sector-Leading 5-Day Run

ETFs & Funds

Tesla Earnings Test XLY After Sector-Leading 5-Day Run

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