Ferrari (RACE) Q2 Earnings and Revenues Beat Estimates

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 ...