Ferrari misses Q3 expectations, confirms recently raised outlook

Investing.com -- Ferrari reported third-quarter results that missed consensus expectations, and reiterated its recently raised full-year guidance.

The luxury carmaker posted Q3 earnings per share (EPS) of 2.14 euros, falling short of analyst expectations of 2.41 euros. Revenue for the period came in at 1.77 billion euros, also below the consensus forecast of 1.98 billion euros.

Operating profit rose 7.6% year-on-year to 503 million euros, with an operating margin of 28.4%. EBITDA increased 5% from the prior year to 670 million euros, reflecting a margin of 37.9%.

“We continue to advance with conviction and strong visibility on our development path. At our Capital Markets Day, we have defined a clear trajectory in the long-term interests of our brand, setting the floor for sustainable growth toward 2030,” said Benedetto Vigna, CEO of Ferrari.

For the full year 2025, Ferrari affirmed its guidance, which it lifted at the recent capital markets day on October 9. The automaker forecasts revenue of at least 7.1 billion euros, compared with analyst estimates of 8.19 billion euros.

Earnings per share are expected to be at least 8.80 euros per share, also missing the consensus expectations of 8.97 euros.

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