Ferrari: Q4 Earnings Insights

Shares of Ferrari RACE decreased 0.6% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share increased 18.81% over the past year to $1.20, which missed the estimate of $1.27.

Revenue of $1,275,000,000 higher by 22.83% from the same period last year, which beat the estimate of $1,260,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Ferrari hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Feb 02, 2021

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/abxyb8mb

Price Action

Company's 52-week high was at $233.66

Company's 52-week low was at $127.73

Price action over last quarter: Up 6.82%

Company Description

Ferrari engineers and manufactures some of the world's most expensive exotic sports cars. The Ferrari brand is synonymous with Formula One racing, exclusivity, Italian design, and state-of-the-art technology. Ferrari also has a captive finance company that provides funding for dealers and clients.