Ferrari N.V (RACE) revenue rises but falls short of consensus estimate

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Jefferies Comments on Ferrari (RACE) Earnings Report

May 7, 2024 7:52 AM EDT

Jefferies analyst Philippe Houchols reiterated a Hold rating and $408.00 price target on Ferrari (NYSE: RACE)

The analyst comments "~1% beat on both EBIT and revenue in Q1, giving 27.9% margin; FCF also ~in-line at 321m incl. 30% higher y/y investment spend. Units flat y/y... More

Jefferies Comments on Ferrari NV (RACE:IM) (RACE) Earnings Report

May 7, 2024 7:51 AM EDT

Jefferies analyst Philippe Houchois reiterated a Hold rating and EUR375.00 price target on Ferrari NV (RACE:IM) (NYSE: RACE).

The analyst comments "~1% beat on both EBIT and revenue in Q1, giving 27.9% margin; FCF also ~in-line at 321m incl. 30% higher y/y investment... More

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

May 7, 2024 6:44 AM EDT

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... More

Ferrari N.V (RACE) May weekly option implied volatility into quarter results

May 6, 2024 10:49 AM EDT

Ferrari N.V (NYSE: RACE) May weekly call option implied volatility is at 66, May is at 44; compared to its 52-week range of 17 to 33 into the expected release of quarter results before the bell on May 7.

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Ferrari N.V (RACE) May weekly 430 straddle into quarter results

May 6, 2024 4:12 AM EDT

Ferrari N.V (NYSE: RACE) May weekly 430 straddle priced for a move of 5% into the expected release of quarter results before the bell on May 7.

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