Ferrari (RACE) Reports Q2 EPS of EUR0.55

Ferrari (NYSE: RACE) reported Q2 EPS of EUR0.55, EUR0.11 better than the analyst estimate of EUR0.44. Revenue for the quarter came in at EUR811 million versus the consensus estimate of EUR772.6 million.

The Group guidance is confirmed as follows:

• Shipments: ~8,000 units including supercars
• Net revenues: > Euro 3 billion
• Adjusted EBITDA: ≥ Euro 800 million
• Net industrial debt(3): ≤ Euro 730 million

For earnings history and earnings-related data on Ferrari (RACE) click here.

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