Ferrari, Q1
Ferrari sticks to 2024 guidance after Q1 earnings rise, shares fall
Ferrari's core earnings rose 13% in the first quarter but its shares fell on Tuesday as the luxury sports car maker confirmed its full-year forecasts, failing to excite investors despite what its CEO called a "very positive" start of the year.
Ferrari drops on underwhelming earnings, flat deliveries
Ferrari NV shares fell the most in three years after the luxury-car maker reported underwhelming earnings and failed to raise its outlook.
Ferrari Confirms 2024 Guidance After First Quarter Boost
Italian luxury carmaker Ferrari on Tuesday posted a double digit rise in both profits and sales for the first quarter of 2024, and confirmed its full-year guidance.
Ferrari shares decline as it sticks to full-year forecasts
Ferrari's core earnings rose 13% in the first quarter helped by sales of models such as the 2 million-euro ($2.2 million) Daytona SP3 limited-series luxury car and a greater contribution from personalised vehicles.
Ferrari Revenue, Profit Beat Forecasts But Shipments Underwhelm; Shares Fall -- Update
By David Sachs Ferrari's profit and revenue jumped in the first quarter, beating forecasts as a favorable pricing and customization sales
Ferrari posts 13% rise in quarterly earnings amid flat deliveries
Adjusted earnings before interest, taxes, depreciation and amortization climbed 13 percent in the period, to €605 million.
Ferrari: Q1 Earnings Snapshot
The Maranello, Italy-based company said it had net income of $2.12 per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.04 per share.
Ferrari sticks to 2024 guidance after Q1 earnings rise
Ferrari said on Tuesday its core earnings rose 13% in the first quarter of the year but its shares fell as the luxury sports car maker failed to excite investors despite what its CEO called a "very positive" start of the year.
Ferrari Falls Despite Earnings Beat as Shipments Remain Flat
Key Takeaways Ferrari shares fell despite a first-quarter earnings beat as vehicle shipments were roughly flat compared to the prior-year period.The iconic automaker said improved product and country mixes helped boost vehicle and parts sales in the quarter.
Ferrari's disappointing shipments, 2024 guidance overshadows 'positive' Q1
Ferrari (NYSE:RACE) shares are losing ground and are down more than 4% Tuesday as flat shipments and underwhelming 2024 guidance overshadowed above consensus results for Q1.   The carmaker earned a profit of €1.
RACE Earnings: Ferrari Drops After Q1 Numbers
Luxury automotive maker Ferrari (NYSE:RACE) reported robust numbers for the first quarter and reaffirmed its financial outlook. However, shares of
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Ferrari needs to keep pace with McLaren's development - Leclerc
Ferrari needs to make sure its imminent upgrades keep it in the fight with McLaren as well as Red Bull after Lando Norris’ ...
F1 News: Ferrari's Imola Upgrades Could Make This a Season to Remember
Coming off an intense battle at the Miami Grand Prix, Ferrari looks poised for a pivotal shift in performance at Imola with ...
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Lewis Hamilton faces awkward questions about Ferrari before Miami F1 race with Mercedes-AMG
Hamilton announced in February he’s leaving Mercedes-AMG Petronas – a team he has become synonymous with after winning seven F1 championships – to join Ferrari after the 2024 season. Imagine LeBron ...
Top Stock Movers Now: Walt Disney, Datadog, Ferrari, and More
Key Takeaways U.S. equities rose at midday Tuesday, May 7, 2024 following the latest earnings news and ahead of more data ...
You Can Sleep With the Cars: The Ferrari Museum Is Now Listed on Airbnb
You can book a night in the Ferrari museum, during the Formula 1 Italian Grand Prix, and get VIP tickets to the race.
Ferrari reports double digit profits and revenues in earnings today, reaffirms 2024 guidance
Luxury supercar maker Ferrari reported positive earnings for Q1 2024 today, proving that companies which cater to the rich ...
What’s The Best Color Combo For The Ferrari 12Cilindri?
As expected, a palette of reds dominates, alongside a vibrant yellow and a selection of sleek greys, blacks, and silvers. We ...
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Ferrari profit rises but investors cool on mixed outlook
Profit at Ferrari rose by nearly a fifth in the first quarter, driven by increasing demand for bespoke personalisations.