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RACE / Ferrari: Luxury Upside Still To Price In

Ferrari: Luxury Upside Still To Price In
Ferrari reports a 20.5% increase in net revenue to €1.43 billion and a 9.7% increase in deliveries to 3,567 units in Q1. Adjusted net profit rose by 24% to €297 million, while the industrial free cash flow reached €269 million. The company confirms its guidance for 2023. E-fuel and electrification will be supportive catalysts. Our buy is then confirmed. Read More
Posted: Jun 8 2023, 00:01
Author Name: Seeking Alpha
Views: 081483

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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