Ferrari N.V. (RACE)
Ferrari (RACE) Q3 Earnings and Revenues Beat Estimates
Ferrari (RACE) came out with quarterly earnings of $2.29 per share, beating the Zacks Consensus Estimate of $2.11 per share. This compares to earnings of $1.98 per share a year ago.
Ferrari reverses from all-time high as investors take profits
Ferrari (NYSE:RACE) shares went into reverse on Tuesday, having hit an all-time high two months ago as the sportscar manufacturer reported a decline in shipments but backed its full-year outlook. The Italian group posted third-quarter results showing net revenues of €1.6 billion, up 6.5%, with total shipments down 2.2% to 3,383.
Ferrari reiterates guidance as China deliveries fall sharply
Ferrari on Tuesday reiterated guidance that it had increased earlier in the year as the sports-car maker said shipments fell sharply in China.
Ferrari Stock Is Falling After Earnings Met Wall Street's Expectations
The sports car manufacturer is less dependent on the Chinese market than other sellers of luxury goods.
Ferrari's core profit rose 7% in Q3 supported by product mix, personalisations
Ferrari said on Tuesday its core earnings rose 7% in the third quarter, despite a slight decrease in vehicle shipments, as the luxury sports car maker continued to benefit from a richer product offer and increased demand for personalisation.
Ferrari stock forms a dangerous pattern ahead of earnings
Ferrari (RACE) stock price has done well this year, rising by 40%, and making it one of the best-performing players in the automobile industry. It rallied to a record high of $497.68 on September 3, bringing its valuation to almost $90 billion.
Ferrari Gears Up to Report Q3 Earnings: Here's What to Expect
The Zacks Consensus Estimate for RACE's third-quarter earnings and revenues is pegged at $2.11 per share and $1.80 billion, respectively.
Ferrari (RACE) Earnings Expected to Grow: Should You Buy?
Ferrari (RACE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Will Ferrari (RACE) Beat Estimates Again in Its Next Earnings Report?
Ferrari (RACE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Ferrari To Rally Around 18%? Here Are 10 Top Analyst Forecasts For Tuesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Ferrari: Horsepower And Pricing Power
Ferrari's unique brand and pricing power are unmatched. The company's moat and wealthy customer base make it especially resilient. Even over the long term, as the company already fosters a decade-long pipeline of customers. While Ferrari is a one-of-a-kind company, its valuation more than reflects that. Making a "Hold" rating is the only sensible decision at the current price.
If Trump wins, get ready to finance that Ferrari
The GOP presidential nominee's pitch to make car-loan interest tax deductible would be a boon to wealthy taxpayers.
