What's Going On With Ferrari Stock Tuesday? - Ferrari (NYSE:RACE)
Ferrari said adjusted earnings rose 4.2% and revenue climbed more than 3% as it slowed production for a model change-over.
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The Italian sports car manufacturer reported adjusted earnings before interest and taxes of €548 million, compared to €542 million in the same quarter last year.
Ferrari beat Q1 earnings, with its first EV debuting on May 25
The post Ferrari beat Q1 earnings, with its first EV debuting on May 25 appeared on BitcoinEthereumNews.com. Ferrari reported better-than-expected first-quarter profits on Tuesday, even as the global electric vehicle market continued to provide mixed signals to automakers. The Italian sports car firm announced adjusted earnings per share of 2.33 euros, or around $2.72, exceeding analyst projections of 2.27 euros. Revenue for the quarter totaled …
Ferrari's Q1 2026 Financial Surge - PressReach
Ferrari (NYSE:RACE) has reported a stellar performance in the first quarter of 2026, showcasing its stronghold in the luxury automotive market. The company has seen a significant increase in its net profit, driven by robust sales and strategic initiatives that have resonated well with its affluent customer base. In its latest earnings report, Ferrari announced a remarkable 20% rise in revenue compared to the same quarter last year. This growth c…
Ferrari beats Q1 earnings expectations ahead of EV debut
On the Dash: Ferrari beat Q1 earnings expectations and confirmed its 2026 guidance with the order book extending to late 2027. Fewer deliveries were deliberate, part of a planned model transition, not a demand problem. The Ferrari Luce, priced around $647,000, makes its full debut in Rome on May 25. Ferrari beat Wall Street’s first-quarter earnings expectations Tuesday and confirmed its full-year guidance. The results come as the company manage…
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