Ferrari N.V (RACE) Tops Q3 EPS by EUR0.08

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Go back to Ferrari N.V (RACE) Tops Q3 EPS by EUR0.08

DELIVERING STRONG RESULTS LEADING TO UPWARD REVISED 2022 GUIDANCE ON ALL METRICS

November 2, 2022 8:07 AM EDT

 Maranello (Italy), November 2, 2022 Ferrari N.V. (NYSE/EXM: RACE) today announces its consolidated preliminary results for the third quarter and nine months ended September 30, 2022 summarized below:

Total shipments of 3,188 units, up 15.9% versus Q3 2021 Net revenues of Euro 1,250 million, up 18.7% versus prior yearEBITDA of Euro 435 million, up 17.1% versus prior year EBIT of Euro 299 million, up 10.5% versus prior year EBITDA margin of 34.8% and EBIT margin of 23.9% in the quarter, resulting in 35.0% and 24.9%... More