Ferrari (RACE) Q3 Earnings and Revenues Surpass Estimates

Core Insights - Ferrari reported quarterly earnings of $2.5 per share, exceeding the Zacks Consensus Estimate of $2.35 per share, and showing an increase from $2.29 per share a year ago, resulting in an earnings surprise of +6.38% [1] - The company achieved revenues of $2.06 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 4.19% and up from $1.81 billion year-over-year [2] - Ferrari has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] Financial Performance - The earnings surprise for the previous quarter was +5.06%, with actual earnings of $2.7 per share against an expectation of $2.57 per share [1] - The current consensus EPS estimate for the upcoming quarter is $2.60, with projected revenues of $2.11 billion, and for the current fiscal year, the estimate is $10.35 on $8.22 billion in revenues [7] Market Position - Ferrari shares have underperformed the market, losing about 7.7% since the beginning of the year, while the S&P 500 has gained 16.5% [3] - The Zacks Rank for Ferrari is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Automotive - Original Equipment industry, to which Ferrari belongs, is currently in the top 37% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]