Während die Stimmung rund um Elektroautowerte zuletzt alles andere als rosig war, brannte die Ferrari-Aktie seit Anfang 2024 ein regelrechtes Feuerwerk ab.
With inflation finally cooling and the fears of a looming recession coming to an end, the rich are back with their bucks. As the rich get richer, several luxury goods companies will make the most of it.
Ferrari (NYSE:RACE) zoomed past analyst expectations for its second quarter earnings, but the Italian luxury automaker's stock took a hit as investors opted to take advantage of its strong share price performance this year. For the quarter, Ferrari reported an adjusted EBITDA of 589 million euros ($645.4 million), exceeding analyst estimates and marking a 31.9% increase from the previous year.
FERRARI UPGRADES 2023 GUIDANCE ON EXCEPTIONAL Q2 2023 RESULTS AND BUSINESS OUTLOOK Maranello (Italy), August 2, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2023: Net revenues of Euro 1,474 million, up 14.1% versus prior year, with total shipments of 3,392 units substan...
Maranello (Italy), July 31, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 200 million share buyback program announced on June 27, 2023, as the third tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Mark...
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