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Ferrari Q3 Net Profit Rises 10%; Boosts FY22 Outlook

RTTNews | 1090天前

Ferrari Q3 Net Profit Rises 10%; Boosts FY22 Outlook

(RTTNews) - Italian luxury sports carmaker Ferrari N.V. (RACE) reported Wednesday that its net profit for the third quarter increased to 228 million euros or 1.23 euros per share from 207 million euros or 1.11 euros per share in the prior-year quarter.

Net revenues for the quarter increased 18.7 percent to 1.25 billion euros from 1.05 billion euros in the same quarter last year. Net revenue grew 13 percent at constant currency.

Shipments for the quarter totaled 3,188 units, up 438 units or 15.9 percent from last year, driven by the 296 GTB, which was in the ramp up phase along with the 812 Competizione.

Looking ahead for fiscal 2022, Ferrari now projects adjusted earnings of approximately 5.00 euros per share on net revenues of approximately 5.0 billion euros.

Previously, the company expected adjusted earnings in the range of 4.80 to 4.90 euros per share on net revenues of approximately 4.9 billion euros.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

標籤: RACE

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Ferrari Q4 Net Profit Rises 33%; Initiates FY24 Outlook

Ferrari Q4 Net Profit Rises 33%; Initiates FY24 Outlook

Italian luxury sports carmaker Ferrari N.V. (RACE) reported Thursday that its net profit for the fourth quarter increased to 294 million euros or 1.62 euros per share from 221 million euros or 1.21 euros per share in the prior-year quarter.

RTTNews | 634天前

Ferrari Q4 Net Profit Rises 3%; Initiates FY23 Outlook

Ferrari Q4 Net Profit Rises 3%; Initiates FY23 Outlook

Italian luxury sports carmaker Ferrari N.V. (RACE) reported Thursday that its net profit for the fourth quarter increased to 221 million euros or 1.21 euros per share from 214 million euros or 1.16 euros per share in the prior-year quarter.

RTTNews | 998天前

Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

The Switzerland market closed on a weak note on Monday, after languishing in negative territory right through the day's trading session as investors remained hesitant to pick up stocks, choosing to wait for some crucial economic data, and the monetary policy announcements from several central banks.

RTTNews | 1小時16分鐘前

European Stocks Close Mostly Higher On Easing Trade Tensions

European Stocks Close Mostly Higher On Easing Trade Tensions

European stocks closed on a positive note on Monday with investors focusing on the upcoming monetary policy announcements from several central banks, including the European Central Bank, the Federal Reserve and the Bank of Japan, and following the developments on U.S.-China trade front.

RTTNews | 1小時32分鐘前

German Business Confidence Improves On Stronger Expectations: Ifo

German Business Confidence Improves On Stronger Expectations: Ifo

Business morale in Germany rebounded more than expected in October as companies' expectations were the strongest in over three-and-a-half years, though they gave a weaker assessment of the current situation for a third month in a row, results of a closely watched survey by the ifo institute showed on Monday.

RTTNews | 3小時49分鐘前

Dollar Rebounds As US-China Trade Tensions Ease

Dollar Rebounds As US-China Trade Tensions Ease

The U.S. dollar ended up higher against major currencies during the week ended October 24 amidst an easing in trade tensions between the U.S. and China.

RTTNews | 5小時15分鐘前

Bay Street May Open On Mixed Note

Bay Street May Open On Mixed Note

The Canadian market is likely to open on a mixed note on Monday. Easing worries about U.S.-China trade tensions may aid sentiment, while weak commodity prices could weigh on resources stocks and limit market's upside, if any.

RTTNews | 7小時1分鐘前

FTSE 100 Moves In Tight Band; Fresnillo Down Sharply

FTSE 100 Moves In Tight Band; Fresnillo Down Sharply

UK stocks are moving in a tight range on Monday with investors mostly making cautious moves, looking ahead to the monetary policy meetings of the Federal Reserve, the European Central Bank and the Bank of Japan.

RTTNews | 7小時53分鐘前

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