 Hey guys, this is Rich from RichTVLive. I'm looking at Tesla Inc. TSLA and it has been climbing post-market 9.74% on some big news. Tesla TSLA Q3 earnings and revenues top estimates. This from Zax Equity Research. Tesla TSLA came out with quarterly earnings of $2.90 per share beating the Zax Consensus Estimate of a loss of $0.55 per share. That's a huge difference. This compares to a loss of $2.92 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 627.27%. Wow! A whopping 627%. A year ago it was expected that this electronic electric car maker would post a loss of $2.78 per share when it actually produced a loss of $3.06 delivering a surprise of 10.07%. Over the last four quarters the company has surpassed consensus EPS earning per share estimates three times. Tesla, which belongs to the Zax Automotive Domestic Industry, posts revenues of $6.82 billion for the quarter-ended September 2018. Wow! $6.82 billion surpassing the Zax Consensus Estimate by 20.43%. That is huge. This compares to year ago revenues of $2.98 billion more than doubling its revenue from a year ago. The company has topped consensus revenue estimates three times over the last four quarters. This is a company that is showing strength. The sustainability of the stock's immediate price movement based on the recent release numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Tesla shares have lost about 5.5% since the beginning of the year versus the S&P 500's gain of 2.5%. What's next for Tesla? Well, Tesla has outperformed the market so far this year. The question that comes to investors' minds is, what's next for the stock? There are no easy answers to this key question, but one reliable measure which can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarters, but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in the earning estimates' revisions. Investors can track such revisions by themselves or rely on a trend and tested ratio tool like the Zax rank, which has an impressive track record of harnessing the power of earnings estimates revisions. Ahead of the earnings release, the estimated revision trend for Tesla was mixed. While the magnitude and direction of estimate revisions could change following the company's just released earnings report, the current status translates into a Zax rank number 3 hold for the stock. So the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zax number one ranked strong buy stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS earning per share estimate is 0.26 on a 6.36 billion in revenues for the coming quarter and 6.44 on 19.6 billion in revenues for the current fiscal year. Investors should be mindful of the fact the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zax industry rank, automotive domestic is currently in the bottom 19 percent of the 250 plus Zax industries. Our research shows that the top 50 percent of the Zax ranked industries outperformed the bottom 50 percent by a factor of more than two to one. What do you think about this news? Now I remember Rich TV Live is strictly for education entertainment purposes. Do your due diligence, do your research before you invest in anything that we talk about here on Rich TV Live. Tesla beating earnings up 9.74 percent pre-market could be a big winner tomorrow. If you like this video, smash the like button, comment down below. I like to know what you think about this news. Seems like it's huge news. Revenue is booming for Tesla. It's at $316 up 9.74 percent. If you haven't subscribed, subscribe, and hit that bell for notifications so every time we've got any breaking news, you can hear it first. It's true. Holler at your boy. Ammo. Peace.