Ferrari (RACE) came out with quarterly earnings of $2.42 per share, beating the Zacks Consensus Estimate of $2.36 per share. This compares to earnings of $2.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.54%. A quarter ago, it was expected that this luxury sports car maker would post earnings of $1.89 per share when it actually produced earnings of $2.28, delivering a surprise of 20.63%.Over the last four quarters, the c ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Ferrari (RACE) . This company, which is in the Zacks Automotive - Original Equipment industry, shows potential for another earnings beat.When looking at the last two reports, this luxury sports car maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 14.58%, on average, in th ...