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.
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