In accompany with the new vice president of vehicle production in Tesla last month- Mr. Peter Hochholdinger who was the former executive in Volkswagen, however, the stock price of Tesla Motors Inc. (NASDAQ:TSLA) did not show an obvious increase but dropped this week. From the 12 Wall Street analysts’ predication last month, the target price of Tesla Motors Inc. was expected as $265.416, comparing with current stock price at $206.58. Similarly, their EPS also did not performed well to encourage investors, which reported that the actual EPS is $-1.24 for the period in the end of March, 2016.
Earnings per share (EPS) is an indication of a company’s profitability that specifically shows the profit for a company that is allocated to every outstanding share of a company’s common stock. EPS is always considered as an important indicator to evaluate the price of a share for a company. While in Tesla, the reported EPS in last season was in a lower of $-0.46 away from the Wall Street analysts’ prediction compares with the actual EPS of $-1.24, which provide a surprise factor of -58.97%. The next company’s earnings report is expected to release around 3rd August 2016.