Ferrari RACE reported its Q3 earnings results on Wednesday, November 2, 2022 at 08:07 AM.
Here's what investors need to know about the announcement.
Earnings
Ferrari beat estimated earnings by 5.08%, reporting an EPS of $1.24 versus an estimate of $1.18.
Revenue was up $18.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.18 which was followed by a 2.21% increase in the share price the next day.
Here's a look at Ferrari's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.27 | 1.26 | 1.05 | 1.02 |
| EPS Actual | 1.45 | 1.45 | 1.33 | 1.31 |
| Revenue Estimate | 1.22B | 1.19B | 1.11B | 1.08B |
| Revenue Actual | 1.38B | 1.33B | 1.34B | 1.24B |
To track all earnings releases for Ferrari visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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