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RACE / Ferrari investor expectations high ahead of 2Q earnings leaving limited room for surprise

Ferrari investor expectations high ahead of 2Q earnings leaving limited room for surprise
There is limited room for Ferrari (NYSE:RACE) to deliver a surprise when it hands down its upcoming second quarter results on Wednesday, August 2 due to rising market expectations, analysts at UBS believe. “With the shares up 50% year to date (outperforming luxury by 26% and the autos sector by 29%) and 2Q well flagged as being the strongest quarter of the year, we are mindful that investor expectations have risen and a guidance upgrade is already priced in,” the analysts wrote in a note to clients. Read More
Posted: Jul 12 2023, 16:24
Author Name: Proactive Investors
Views: 112164

RACE News  

Ferrari N.V. (RACE) Q3 2023 Earnings Call Transcript

By Seeking Alpha
November 2, 2023

Ferrari N.V. (RACE) Q3 2023 Earnings Call Transcript

Ferrari N.V. (NYSE:RACE ) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Nicoletta Russo - Head of Investor Relati more_horizontal

Ferrari again raises guidance as customers opt for high-priced, personalized sports cars

By CNBC
November 2, 2023

Ferrari again raises guidance as customers opt for high-priced, personalized sports cars

Ferrari raised guidance after its third-quarter profit surged 46% year over year. Its customers continue to load up their new Ferraris with expensive more_horizontal

Ferrari has no current plans to move registered office from the Netherlands

By Reuters
November 1, 2023

Ferrari has no current plans to move registered office from the Netherlands

Luxury sports carmaker Ferrari has no plans to transfer its registered office from the Netherlands at the moment, a spokesperson for the company said more_horizontal

Ferrari (RACE) Declines More Than Market: Some Information for Investors

By Zacks Investment Research
October 18, 2023

Ferrari (RACE) Declines More Than Market: Some Information for Investors

The latest trading day saw Ferrari (RACE) settling at $303.49, representing a -1.96% change from its previous close. more_horizontal

Ferrari woos buyers with newer models, now accepting crypto

By Yahoo Finance
October 17, 2023

Ferrari woos buyers with newer models, now accepting crypto

Ferrari (RACE) is hosting a gala in New York City's Hudson Yards complex. While showcasing some of their historic vehicles, the automaker is also atte more_horizontal

Ferrari Hopes Crypto Payments Can Widen Customer Base

By PYMNTS
October 15, 2023

Ferrari Hopes Crypto Payments Can Widen Customer Base

Ferrari has reportedly begun accepting cryptocurrency payments for its vehicles in the U.S. That's according to a Saturday (Oct. 14) report by Reuters more_horizontal


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