This business looks more like a luxury brand than a typical car maker. Investors might be inclined to look at past winners to find potentially lucrative stock options to own going forward. Winners will keep on winning, as the thinking goes. Ferrari (RACE 4.88%), one of the world's leading manufacturers of supercars, has certainly supercharged shareholder returns. In the past five years, this phenomenal auto stock has soared 166% (as of Aug. 9), beating the broader S&P 500 by a mile. But is it too late to ad ...

证 券 研 究 报 告 法拉利（RACE）FY24Q2 业绩说明会纪要 会议时间：2024 年 8 月 1 日 Q2 营收同比增长 16%，净利润 4.13 亿欧元 会议地点：电话会议 事项： 2024 年 8 月 1 日法拉利发布 2024 年 Q2 季度报告，并召开业绩说明会。公司 2024Q2 季度报告时间从 2024 年 4 月 1 日截至 2024 年 6 月 30 日。 评论： 1. 财务情况： 1) 营收：24Q2 17 亿欧元，同比增长 16%，得益于产品组合的持续走强和个 性化需求的不断增长。 2) 盈利能力：24Q2 EBITDA 6.7 亿欧元，EBITDA 利润率 39%，净利润 4.13 亿欧元。 2. 销量情况： 1) 24Q2 销量同比增长 92 台，其中欧洲、中东非洲、美洲和亚太（除中国 外）的交付量有所增加，而中国大陆、中国香港和中国台湾的交付量减少 了约 60 辆。 2) 24Q2 开始交付限量 799 辆的特别版混动车 SF90XXStradale。 3) 24Q2 DaytonaSP3 的销量同比增加、环比减少，接近生命周期终点的 Roma 和特别版 812Compet ...

海 外 研 究 ＃assAuthor＃ 公 司 跟 踪 报 告 | --- | --- | |----------------------------|----------------------------| | | | | ＃市场数据 marketData ＃ | | | 日期 | 2024/8/1 | | 收盘价（美元） | 421.62 | | 总股本（亿股） | 1.80 | | 总市值（亿美元） | 758.9 | | 净资产（亿美元） | 30.7 | | 总资产（亿美元） | 80.5 | | 每股净资产（美元） | 17.1 | | 数据来源： Wind | 、公司财报，兴业证券经济与 | ＃相关报告 relatedReport＃ yuxiaoli@xyzq.com.cn SFC：AXK331 SAC：S0190518020003 ＃海外研究 emailAuthor＃ 分析师： limengxuan@xyzq.com.cn SAC：S0190523060003 请注意：李梦旋并非香港证券及期 货事务监察委员会的注册持牌人， 不可在香港从事受监管活动。 【兴证海外汽车】法拉利 （RACE.N） ...

At the moment, the concept of acquiring auto stocks might seem counterproductive. After all, the consumer economy is struggling under the weight of inflation and high borrowing costs. Also, the labor market appears to be softening somewhat, leading to concerns of overall viability. Nevertheless, the industry – particularly entities within the legacy framework – may offer surprisingly positive results for stakeholders. Part of the enthusiasm comes down to the political realm. Right now, we're in the middle o ...

Key Takeaways Ferrari on Thursday increased its projected 2024 revenue to more than 6.55 billion euros ($7.07 billion) from more than EUR6.4 billion. The Italian car maker shipped 3,484 units in the second quarter, up 2.7% year-over-year and above analysts' estimates, led by the Ferrari Purosangue, the Roma Spider, and the 296 GTS models. Ferrari CEO Benedetto Vigna attributed the positive results to "the enrichment of the product mix and the increased demand for personalizations." Ferrari (RACE) boosted it ...

Ferrari N.V. (NYSE:RACE) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Benedetto Vigna - Chief Executive Officer Antonio Picca Piccon - Chief Financial Officer Conference Call Participants John Murphy - Bank of America Merrill Lynch Michael Binetti - Evercore ISI George Galliers - Goldman Sachs Thomas Besson - Kepler Cheuvreux Henning Cosman - Barclays Stephen Reitman - Bernstein Martino de Ambroggi - Equita Anthony Dick - ODDO BHF Monica Bosio - Intesa SanPaolo Operator Go ...

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 8 Liquidity and Capital Resources 16 Non-GAAP Financial Measures 22 Risk Factors 27 Outlook 28 SEMI-ANNUAL CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AT AND FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2023 (UNAUDITED) Semi-Ann ...

Ferrari (RACE) came out with quarterly earnings of $2.46 per share, beating the Zacks Consensus Estimate of $2.21 per share. This compares to earnings of $1.99 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 11.31%. A quarter ago, it was expected that this luxury sports car maker would post earnings of $2.04 per share when it actually produced earnings of $2.12, delivering a surprise of 3.92%. Over the last four quarters, the ...

Q2 2024 RESULTS MARANELLO, AUGUST 1, 2024 SAFE HARBOR STATEMENT This document, and in particular the section entitled "2024 Guidance revised upward", contain forward-looking statements. These statements may include terms such as "may", "will", "expect", "could", "should", "intend", "estimate", "anticipate", "believe", "remain", "continue", "on track", "successful", "grow", "design", "target", "objective", "goal", "forecast", "projection", "outlook", "prospects", "plan", "guidance" and similar expressions. F ...

Ferrari N.V. (NYSE/EXM: RACE) ("Ferrari" or the "Company") today announces its consolidated preliminary results(1) for the second quarter and six months ended June 30, 2024: Net revenues of Euro 1,712 million, up 16.2% versus prior year, with total shipments of 3,484 units up 2.7% versus Q2 2023 Adjusted EBIT of Euro 511 million, up 17.0% versus prior year, with adjusted EBIT margin of 29.9% Adjusted net profit of Euro 413 million and adjusted diluted EPS at Euro 2.29 Adjusted EBITDA of Euro 669 million, up ...