Ferrari N.V. (RACE)
Ferrari N.V. (RACE) Q2 2024 Earnings Call Transcript
Ferrari N.V. (NYSE:RACE ) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Benedetto Vigna - Chief Executive Officer Antonio Picca Piccon - Chief Financial Officer Conference Call Participants John Murphy - Bank of America Merrill Lynch Michael Binetti - Evercore ISI George Galliers - Goldman Sachs Thomas Besson - Kepler Cheuvreux Henning Cosman - Barclays Stephen Reitman - Bernstein Martino de Ambroggi - Equita Anthony Dick - ODDO BHF Monica Bosio - Intesa SanPaolo Operator Good day, and thank you for standing by.
Ferrari (RACE) Q2 Earnings and Revenues Beat Estimates
Ferrari (RACE) came out with quarterly earnings of $2.46 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $1.99 per share a year ago.
Ferrari ups FY forecasts after strong Q2 on larger offer, personalisations
Ferrari on Thursday raised its forecasts for its full-year revenues core earnings, after the luxury sports car maker beat estimates in the second quarter, supported by a richer product offer and increased demand for personalisations.
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 shores up cooperation with Italian tax authority to ensure transparency
Ferrari said on Tuesday its Dutch parent company Ferrari N.V. has strengthened ties with the Italian tax authority by joining a compliance programme that includes regular and preemptive checks aimed at preventing potential tax disputes.
Ferrari (RACE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Ferrari (RACE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ferrari to accept crypto-payments in Europe
Italian luxury carmaker Ferrari said Wednesday its European dealers will start accepting cryptocurrency, following a similar move in the United States.
Ferrari extends cryptocurrency payment system to Europe after US launch
Ferrari said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars to its European dealers network from the end of this month, after starting in the United States last year.
Ferrari: Quantitative Analysis Suggests The Stock Is Overvalued
Ferrari leads the Luxury Performance Car Industry with a 25% market share and plans to release its first electric car in Q4 2025. Financial performance is strong, with revenue growth of 7% and earnings growth of 12%, but the stock's growth prospect is limited. Despite excellent business performance, Ferrari shares are overvalued based on P/E, suggesting caution for potential investors.
As the E.V. Revolution Slows, Ferrari Enters the Race
Growth in electric vehicle sales has been slowing, but the Italian luxury carmaker is stepping up investment and setting ambitious targets.
Ferrari launches battery replacement scheme to preserve performance, value of its cars
Luxury sports car maker Ferrari on Monday announced two new warranty extension schemes allowing owners of its hybrid models to have the batteries of their vehicles replaced at given times.
Ferrari says new plant will boost flexibility, shorten car development times
Ferrari will use its new production site to boost manufacturing flexibility and shorten the time needed to develop and roll out new models, rather than to increase output, the CEO of the Italian luxury sports carmaker said on Friday.
