Lacking material non-public information it is probably in the best interest of the readers that I not make any public pronouncements two days before earnings are announced.
However others are free to do as they wish.
From Barron's Stocks to Watch:
For all the talk of the death of momentum stocks, shares of Tesla Motors (TSLA) have still posted a massive gain this year.
Tesla’s shares have gained 44% so far in 2014, while Ford Motor (F) has risen just 2.3% and General Motors (GM) has fallen 15%.
Wedbush analyst Craig Irwin isn’t expecting much from Tesla’s earnings but remains optimistic about its long-term prospects:
We expect Tesla to report 1Q14 financial results and vehicle deliveries essentially in line to modestly ahead of investor expectations. We model NGrev/ adj-EPS of 684m/$0.08 versus consensus at $699m/$0.10. We expect Tesla to meet deliveries guidance of 6,400 units, with potential 1Q14 unit upside unlikely exceed more than 100-200 units. We model 1Q14 adjusted gross margins of 25.3%, compared to 24.9% in 4Q13, and 17.1% in 1Q13….MORE
