Ferrari N.V (RACE) Misses Q1 EPS by 7c; offers guidance

Ferrari N.V (NYSE: RACE) reported Q1 EPS of EUR1.95, EUR0.07 worse than the analyst estimate of EUR2.02. Revenue for the quarter came in at EUR1.59 billion versus the consensus estimate of EUR1.66 billion.

GUIDANCE:

Ferrari N.V sees FY2024 EPS of approx EUR7.50, versus the consensus of EUR8.36. Ferrari N.V sees FY2024 revenue of approx EUR6.4 billion, versus the consensus of EUR7.003 billion.

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

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