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Ferrari (RACE) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-11-05 16:05
Ferrari (RACE) came out with quarterly earnings of $2.29 per share, beating the Zacks Consensus Estimate of $2.11 per share. This compares to earnings of $1.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.53%. A quarter ago, it was expected that this luxury sports car maker would post earnings of $2.21 per share when it actually produced earnings of $2.46, delivering a surprise of 11.31%.Over the last four quarters, the c ...
Ferrari(RACE) - 2024 Q3 - Quarterly Report
2024-11-05 15:56
Exhibit 99.1 CONTENTS Page BOARD OF DIRECTORS 1 INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 1 CERTAIN DEFINED TERMS 1 INTRODUCTION 2 FORWARD-LOOKING STATEMENTS 3 MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Highlights 5 Results of Operations 7 Liquidity and Capital Resources 15 Non-GAAP Financial Measures 21 Risk Factors 26 Outlook 27 INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AT AND FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024 (UNAUDITED) Interi ...
Ferrari reverses from all-time high as investors take profits
Proactiveinvestors NA· 2024-11-05 14:50
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
POLARIS UNLEASHES THE LIMITED-EDITION RZR PRO R RACE REPLICA - INSPIRED BY RZR'S RACING CHAMPIONSHIP DNA
Prnewswire· 2024-10-29 16:00
Exclusive Limited Edition RZR Honors Polaris' Global Desert Racing Success With Race-Livery Styling and Upgraded Componentry Upgrades Include Color-Matched Fang Lighting, Method Race Wheels®, BFGoodrich® Tires, RIGID® Lighting and Rockford Fosgate® Stage 6 Audio MINNEAPOLIS, Oct. 29, 2024 /PRNewswire/ -- Polaris Off Road, the leader in off-road innovation, today unleashed the new RZR Pro R Race Replica Limited Edition. The vehicle pays homage to the dominance of the Polaris RZR Pro R Factory race UTV - the ...
Ferrari Gears Up to Report Q3 Earnings: Here's What to Expect
ZACKS· 2024-10-29 15:25
Ferrari N.V. (RACE) is slated to post third-quarter 2024 results on Nov. 5, before market open. The Zacks Consensus Estimate for the to-be-reported quarter's earnings and revenues is pegged at $2.11 per share and $1.80 billion, respectively. Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar. For the to-be-reported quarter, the consensus estimate for Ferrari's earnings per share has moved up 6 cents in the past 90 days. Its bottom line is expected to rise 6.57% from the year-ago period ...
FERRARI AND SHELL RENEW THEIR PARTNERSHIP
GlobeNewswire News Room· 2024-10-23 14:40
Maranello (Italy), 23 October 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” o la “Società”) is pleased to announce the multi-year renewal of its partnership with Shell, signed today. This agreement, which will take effect on 1 January 2026, encompasses Scuderia Ferrari HP, Ferrari Hypercar, and the Ferrari Challenge Series. Attachment ...
Ferrari To Rally Around 18%? Here Are 10 Top Analyst Forecasts For Tuesday
Benzinga· 2024-10-22 13:32
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying RACE stock? Here’s what analysts think: Read Next: ...
Ferrari: Horsepower And Pricing Power
Seeking Alpha· 2024-10-22 09:37
I want to empower Investors, to make as much money, from both income and capital appreciation, with as little risk as possible, through my coverage of dividend, growth, and value companies."In giving (not investment) advice seek to help, not to please, your friend." - SolonMy investing style:Selective Investor looking for opportunities with a good risk-adjusted ROI. For dividend investing, I employ a rather aggressive strategy of high yields and, ideally, high growth, not shying away from global diversifica ...
Phoenix Capital Group CEO Adam Ferrari Reports Strong Well Performance in Williston Basin
GlobeNewswire News Room· 2024-10-21 13:41
Denver, Colorado, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Phoenix Capital Group CEO Adam Ferrari recently announced exciting results from the company's latest operated wells in the Williston Basin, North Dakota. Since becoming an operator in the region in September 2023, Phoenix has rapidly expanded its footprint, now managing 37 gross operated wells, with 26 currently in production. Most of the wells are less than a year old, marking Phoenix's swift growth as a top producer in the basin. The company's latest suc ...
FERRARI TO ANNOUNCE THIRD QUARTER 2024 FINANCIAL RESULTS ON NOVEMBER 5
GlobeNewswire News Room· 2024-10-16 13:19
Maranello (Italy), October 16, 2024 - Ferrari N.V. ("Ferrari") (NYSE/EXM: RACE) announced today that its financial results for the third quarter of 2024 will be released on Tuesday, November 5, 2024. A live audio webcast and conference call of the 2024 Q3 results will begin at 2:00 p.m. GMT / 3:00 p.m. CET / 9:00 a.m. EST on Tuesday, November 5. Details for accessing this presentation will be available in the Investors section of Ferrari's corporate website at https://www.ferrari.com/en-EN/corporate prior t ...