Companies issue guidance, or expectations of future EPS and revenue, so investors have a sense of how much money a company will make in a future period.
The most recent guidance for Ferrari (RACE) was reported on August 2, 2023 for the full year 2023. The company provided earnings per share guidance in the range of $6.81 to $6.98, compared to the estimated EPS of $7.04. Additionally, Ferrari forecasted revenue between $6.32B and $6.32B for the quarter.
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