Financial Performance - Ferrari reported quarterly earnings of $2.28 per share, exceeding the Zacks Consensus Estimate of $1.89 per share, and up from $1.74 per share a year ago, representing an earnings surprise of 20.63% [1] - The company posted revenues of $1.85 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 7.24%, compared to $1.64 billion in the same quarter last year [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.26 on revenues of $1.87 billion, and for the current fiscal year, it is $9.26 on revenues of $7.51 billion [7] - The estimate revisions trend for Ferrari is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Automotive - Original Equipment industry, to which Ferrari belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment [5]

Ferrari Stock Rises. Why the Luxury Auto Maker Is Defying China Sales Slump. ...

The Ferrari F50 at Salon Prive London, held at the Royal Chelsea Hospital.Luxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product mix and growing demand for personalization.Ferrari posted net profit of 1.53 billion euros ($1.58 billion) for the full-year 2024 period, reflecting a 21% increase from the previous year.Milan-listed shares of the company rose 4.8% on the news before trading was halted.This is breaking news. Please refresh for updates. ...

Net revenues of Euro 6,677 million, up 11.8% versus prior year, with total shipments of 13,752 unitsOperating profit (EBIT)(1) of Euro 1,888 million, up 16.7% versus prior year, with Operating profit (EBIT) margin of 28.3%Net profit of Euro 1,526 million and diluted EPS at Euro 8.46EBITDA(1) of Euro 2,555 million, up 12.1% versus prior year, with EBITDA margin of 38.3%Industrial free cash flow(1) generation of Euro 1,027 millionCapital Markets Day on October 9, 2025 in Maranello “Quality of revenues over vo ...

Unmatched. Unwavering, Unforgettable. Polaris Delivers Winning Performance to Racers With 30 Purpose-Built RZR Pro R Factory Machines Scanlon Clarke Industries (SCi) and RZR Factory Racing Team Set to Provide Sale Support MINNEAPOLIS, Jan. 31, 2025 /PRNewswire/ -- Polaris Off Road, the leader in off-road vehicle innovation, today announces the availability of the RZR Pro R Factory - a groundbreaking race-ready platform developed by the RZR Racing division and proven in the world's toughest races. As the onl ...

When you think of the next big electric vehicle (EV) stock, you might think of those vying to be the next Tesla, such as Rivian Automotive. Or you might try your luck with a next-generation battery developer, QuantumScape. Or you might stick with the mainstream autos you know and mostly love, Ford Motor Company and General Motors.But you likely wouldn't have thought of Ferrari (RACE 0.56%), which actually sold more hybrids in the third quarter of 2024 than it did vehicles with internal combustion engines. H ...

Maranello (Italy), January 24, 2025 - Ferrari N.V. (“Ferrari”) (NYSE/EXM: RACE) announced today that its financial results for the full year and fourth quarter of 2024 will be released on Tuesday, February 4, 2025. A live audio webcast and conference call of the 2024 full year and fourth quarter results will begin at 2:00 p.m. GMT / 3:00 p.m. CET / 9:00 a.m. EST on Tuesday, February 4. Details for accessing this presentation will be available in the Investors section of Ferrari’s corporate website at https: ...

DENVER, Jan. 22, 2025 (GLOBE NEWSWIRE) -- The Ferrari Foundation is proud to announce Annie O’Brien, a nursing student at Marquette University, as the 2024 recipient of the Adam Ferrari Health Science Scholarship. Selected from a highly competitive pool of applicants, Annie impressed the scholarship committee with her academic excellence, dedication to healthcare, and her inspiring commitment to advocating for individuals with physical disabilities. Annie’s passion for nursing was deeply influenced by her c ...

Corporate Calendar - The company announced its corporate calendar for 2025, including key earnings release dates [1][2] - Earnings releases are scheduled for February 4, May 6, July 31, and November 4 in 2025 [1] - The Annual General Meeting for the approval of the 2024 financial statements is set for April 16, 2025 [2] Financial Communication - A conference call for financial analysts will be held on the date of each earnings release [1] - Live webcasts of the presentations and related materials will be available on the company's corporate website [1][2] - The calendar aligns with the company's practice of providing quarterly financial information [3]

DENVER, Jan. 10, 2025 (GLOBE NEWSWIRE) -- The application period for the 2024 Adam Ferrari Health Science Scholarship, sponsored by The Ferrari Foundation, has officially closed. This $20,000 scholarship program, spearheaded by Adam Ferrari, CEO of Phoenix Capital Group, attracted an impressive and diverse group of first-year health science students from across the country. These aspiring healthcare professionals share a common goal: to improve care for individuals with physical disabilities. The scholarshi ...