Ferrari (RACE) Q3 Earnings and Revenues Surpass Estimates

Ferrari (RACE) came out with quarterly earnings of $2.5 per share, beating the Zacks Consensus Estimate of $2.35 per share. This compares to earnings of $2.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +6.38%. A quarter ago, it was expected that this luxury sports car maker would post earnings of $2.57 per share when it actually produced earnings of $2.7, delivering a surprise of +5.06%.Over the last four quarters, the co ...