Tesla Motors Inc (TSLA), Time Warner Inc (TWX), CBS Corporation (CBS) – Earnings Preview

Tesla Motors inc (TSLA) Model 3

Tesla Motors Inc , Time Warner Inc and CBS Corporation will release quarterly results on Wednesday. Here’s what investors can expect:

Tesla Motors inc

Tesla Motors Inc

Tesla Motors will release second-quarter results after the close of trade on Wednesday. Analysts expect the company to post adjusted losses of 59 cents a share, versus the 11 cent a share profit in the year-ago period.

Net losses are projected to be around $117 million, compared to the $62 million loss a year earlier. Tesla’s adjusted quarterly revenue is forecast to jump 36 percent to $1.17 billion. The electric car-maker has already announced that its vehicle deliveries soared 52 percent in the three months ended June 30.

Investors will be keen to get an update on the expected start of production of Tesla Motors Inc ’s much anticipated and much delayed Model X sport-utility vehicle. The delay has been hurting the company’s cash generation, and Wall Street will be looking for a more definitive timing.

Tesla Motors Inc ’s debut in China last year was lacklustre. But the company says that the trend might be shifting in the world’s biggest auto market. The conference call may provide details on how Tesla is improving its operations in the country.

Time Warner Inc

Time Warner is all set to announce second-quarter results on August 5. The consensus of analysts covering the stock is for earnings per share of $1.03, versus the adjusted EPS of 98 cents in the year-ago period. Quarterly revenue is expected to come in at around $6.9 billion, which would be marginally higher than the $6.8 billion a year earlier.

Analysts will be looking for any performance related statistics for HBO’s newly launched broadband-only offering, HBO Now. Another area of focus will be the impact on advertising during the quarter. The NBA has shown 10% less post-season games on Time Warner Inc ’s Turner Broadcasting segment, leading some analysts to lower their ad growth forecast for the quarter.

Shares of Time Warner Inc closed Monday at $87.78. They have a 52-week low of $67.78 and a 52-week high of $91.34.

CBS Corporation

CBS will report second-quarter numbers after the close of trade on Wednesday. The average analysts estimate is for adjusted earnings per-share of 72 cents. The company is projected to post revenue of $3.21 billion. In the same quarter last year, CBS recorded revenue of $3.19 billion.

CBS Corporation witnessed a decline in audiences this summer after two of its original series, “Extant” and “Under the Dome,” recorded drastically lower ratings compared to last year. Though the new summer series “Zoo” had a solid opening, the company lost 1 percent of its overall audience and 14 percent of the coveted demographic segment of age 18-49.

CBS Corporation closed Monday at $53.03. The stock has a one year low of $48.83 and a year high of $63.95. The company recently announced a quarterly dividend of $0.15 per share, payable on Thursday, October 1, to shareholders of record on Thursday, September 10.

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