Ferrari Q4 Net Profit Rises 3%; Initiates FY23 Outlook

RTTNews | 938 дней спустя
Ferrari Q4 Net Profit Rises 3%; Initiates FY23 Outlook

(RTTNews) - 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.

Net revenues for the quarter increased 17 percent to 1.37 billion euros from 1.17 billion euros in the same quarter last year. Net revenue grew 12 percent at constant currency.

Shipments for the quarter totaled 3,327 units, up 378 units or 13 percent from last year.

Looking ahead for fiscal 2023, Ferrari now projects adjusted earnings in the range of 6.00 to 6.20 euros per share on net revenues of approximately 5.7 billion euros.

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

Тэгов: RACE
read more
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 | 574 дней спустя
Ferrari Q3 Net Profit Rises 10%; Boosts FY22 Outlook

Ferrari Q3 Net Profit Rises 10%; Boosts FY22 Outlook

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.
RTTNews | 1030 дней спустя
European Shares Seen Mostly Lower Before US Inflation Data

European Shares Seen Mostly Lower Before US Inflation Data

European stocks may open broadly lower on Friday as the prospect of a peace agreement between Russia and Ukraine waned and focus shifted to a key U.S. inflation reading due later in the day that could provide additional clues on the Federal Reserve's rate outlook.
RTTNews | 46 минут назад
Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
RTTNews | 2ч 50мин назад
Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
RTTNews | 3ч 20мин назад
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | 4ч 26мин назад