Ferrari (RACE) Beats Q4 Earnings and Revenue Estimates

Core Viewpoint - Ferrari reported quarterly earnings of $2.49 per share, exceeding the Zacks Consensus Estimate of $2.44 per share, and showing an increase from $2.28 per share a year ago, indicating a positive earnings surprise of +2.05% [1] Financial Performance - The company achieved revenues of $2.1 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 3.66%, and up from $1.85 billion year-over-year [2] - Over the last four quarters, Ferrari has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance and Outlook - Ferrari shares have declined approximately 9.1% since the beginning of the year, contrasting with the S&P 500's gain of 1.7% [3] - The future performance of Ferrari's stock will largely depend on management's commentary during the earnings call and the revisions of earnings estimates [3][4] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is $2.60 on revenues of $2.05 billion, and for the current fiscal year, it is $10.92 on revenues of $8.57 billion [7] - The estimate revisions trend for Ferrari was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Automotive - Original Equipment industry, to which Ferrari belongs, is currently ranked in the bottom 40% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]