Evercore ISI Upgrades Ferrari (RACE) to Hold

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Go back to Evercore ISI Upgrades Ferrari (RACE) to Hold

Ferrari (RACE) Misses Q3 EPS by 5c; Shipments Rose 1.5%

November 7, 2016 6:44 AM EST

Ferrari (NYSE: RACE) reported Q3 EPS of EUR0.50, EUR0.05 worse than the analyst estimate of EUR0.55. Revenue for the quarter came in at EUR723 million versus the consensus estimate of EUR845.59 million.

Total shipments reached 1,978 units, up 29 units... More