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Q1 Earnings Season Rolls 'Em Out Fast: TSLA, WFM, FOXA & FIT

After the closing bell on Wednesday, another large swath of companies reported Q1 earnings results. Among them are a few we've covered this afternoon -- Tesla Motors (TSLA), Whole Foods Market (WFM), 21st Century Fox (FOXA) and FitBit (FIT). Spanning a wide range of product producers, here are the results we found.

Tesla posted a big miss on the bottom line, but nobody cares about that. The electric car and battery manufacturer posted in-line results for auto deliveries and time-lines for its bigger projects like the Model 3 and Gigafactory: Tesla Up 5% Following Q1 Miss, In-Line Sales

Whole Foods Market beat its fiscal Q2 earnings estimate by 3 cents, but came in slightly lower on the revenue side. Nevertheless, late Wednesday trading saw shares moving up 3 1/2 percent: On Earnings Beat, Whole Foods Market Climbs Higher

21st Century Fox topped revenue estimates for its fiscal Q3 earnings report and met the earnings consensus. It would seem this so-far volatile election season has been good for Fox News' business: 21st Century Fox Q3 Earnings In-Line, Beats on Revenues

Finally fitness wearables company FitBit managed to outperform expectations on both top and bottom lines, yet the stock has traded down in the late market. Chalk this up to lowered guidance in Q2 for this Zacks Rank #2 (Buy) company: FitBit Tops EPS & Revenue Estimates, Shares Down on Weak Outlook

For more detail on how Q1 earnings season has unfolded so far, we invite you to read Sheraz Mian's comprehensive Earnings Trends article, published earlier today: Q1 Earnings: A Case of Lowered Expectations
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