The earnings report, which is expected to be released on August 1, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. This luxury sports car maker is expected to post quarterly earnings of $2.15 per share in its upcoming report, which represents a year-over-year change of +8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the cov ...

Italian luxury carmaker Ferrari said Wednesday its European dealers will start accepting cryptocurrency, following a similar move in the United States. "By the end of 2024, Ferrari will expand cryptocurrency transactions to other countries in its international dealer network, where cryptocurrencies are legally accepted." Billionaire Elon Musk declared in 2021 that he would sell Tesla cars for bitcoins—before changing his mind, arguing that its production was too polluting and that he would only accept it wh ...

Editor's note: Seeking Alpha is proud to welcome Anton Zharkov as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » gmalandra I am not a brand ambassador and have no open positions in the company's shares, but I consider myself a great admirer of the Ferrari (NYSE:RACE) business. This car manufacturer should not need too much ...

A live audio webcast and conference call of the 2024 Q2 results will begin at 2:00 p.m. BST / 3:00 p.m. CEST / 9:00 a.m. EDT on Thursday, August 1. Maranello (Italy), July 17, 2024 - Ferrari N.V. ("Ferrari") (NYSE/EXM: RACE) announced today that its financial results for the second quarter of 2024 will be released on Thursday, August 1, 2024. A live audio webcast and conference call of the 2024 Q2 results will begin at 2:00 p.m. BST / 3:00 p.m. CEST / 9:00 a.m. EDT on Thursday, August 1. Details for accessi ...

A live audio webcast and conference call of the 2024 Q2 results will begin at 2:00 p.m. BST / 3:00 p.m. CEST / 9:00 a.m. EDT on Thursday, August 1. A live audio webcast and conference call of the 2024 Q2 results will begin at 2:00 p.m. BST / 3:00 p.m. CEST / 9:00 a.m. EDT on Thursday, August 1. Attachment Maranello (Italy), July 17, 2024 - Ferrari N.V. ("Ferrari") (NYSE/EXM: RACE) announced today that its financial results for the second quarter of 2024 will be released on Thursday, August 1, 2024. Details ...

富士康提前旺季招工，时薪略高于去年同期 红杉募资 180 亿元，在手资金超千亿 中概股以前借钱做新业务，现在买自家股票 法拉利要如何破解超豪华电动车难题 差一点，就有非美国西海岸诞生的万亿美元公司 关注《晚点财经》并设为星标，第一时间获取每日商业精华。 红杉募资 180 亿元，在手资金超千亿 据媒体报道，红杉中国 3 月完成一支新的人民币基金募资，金额为 180 亿元，用于投资初创公司。这是 近一年中国风险投资机构最大的一笔募资。 不包括这笔投资，红杉中国在手现金约为 153.2 亿美元、约占其资管规模四分之一。其中，大部分都来 自于 2022 年 7 月它们完成的 90 亿美元募资。 红杉资本去年 6 月宣布美国和欧洲将与红杉中国、红杉印度独立运作。红杉中国由沈南鹏管理，"红杉 资本中国"（Sequoia Capital China）改名为中文译名 "红杉"（HongShan）。 据 Pitchbook 数据，目前红杉中国资管规模为 560 亿美元。红杉中国官网显示，自 2005 年以来它共投资 1500 多家企业，其中 160 多家以 IPO 的方式退出，140 多家成长为独角兽。 结合三方网站数据和一些 ...

(*) translated at the European Central Bank EUR/USD exchange reference rate as of the date of each purchase Euro 249,999,659.04 for No. 701,266 common shares purchased on the EXM USD 108,575,956.06 (Euro 99,999,887.55*) for No. 270,823 common shares purchased on the NYSE. A comprehensive overview of the transactions carried out under the buyback program, as well as the details of the above transactions, are available on Ferrari's corporate website under the Buyback Programs section (https://www.ferrari.com/ ...

Maranello (Italy), June 28, 2024 – Ferrari N.V. (NYSE/EXM: RACE) ("Ferrari" or the "Company") informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line with the disclosure made during the 2022 Capital Markets Day (the "Fourth Tranche"), the additional common shares - reported in aggregate form, on a daily basis - o ...

I have been neutral on Ferrari NV (RACE, Financial) for some time. However, with momentum dwindling and the stock's valuation unjustifiable in my view, I am expecting to see the car company give back some of its gains in the second half of the year. It is a brilliant company, boasting strong brand recognition – perhaps unmatched across the world of motoring – and incredible margins. However, the company's growth is limited by its business model, which presents a trade-off between volume and margins. In this ...

Ferrari: Valuation Isn't Attractive Ferrari released a lower than anticipated 2024 guidanoe. . evolution of EBIT. The adjusted operating profit reached €442 million and was up by 14.8% with a margin of 27.9%. For this reason, net profits reached €352 million, with adjusted EPS of €1.95. On the industrial free cash flow generation, the company reached €321 million in Q1. Source: Ferrari Q1 results presentation - Fig 2 Valuation and Conclusion Fig 6 Share 2) Fig 1 Starting with the CEO's words, Ferrari Q1 "wa ...