Ferrari Q4 Net Profit Rises 33%; Initiates FY24 Outlook

RTTNews | vor 427 Tagen
Ferrari Q4 Net Profit Rises 33%; Initiates FY24 Outlook

(RTTNews) - Italian luxury sports carmaker Ferrari N.V. (RACE) reported Thursday that its net profit for the fourth quarter increased to 294 million euros or 1.62 euros per share from 221 million euros or 1.21 euros per share in the prior-year quarter.

Net revenues for the quarter increased 11 percent to 1.52 billion euros from 1.37 billion euros in the same quarter last year.

Shipments for the quarter totaled 3,245 units, down 82 units or 2 percent from last year.

Looking ahead for fiscal 2024, Ferrari now projects adjusted earnings in the range of about or greater than 7.50 euros per share on net revenues of more than 6.4 billion euros.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Ferrari Q4 Net Profit Rises 3%; Initiates FY23 Outlook

Ferrari Q4 Net Profit Rises 3%; Initiates FY23 Outlook

Italian luxury sports carmaker Ferrari N.V. (RACE) reported Thursday that its net profit for the fourth quarter increased to 221 million euros or 1.21 euros per share from 214 million euros or 1.16 euros per share in the prior-year quarter.
RTTNews | vor 791 Tagen
Ferrari Q3 Net Profit Rises 10%; Boosts FY22 Outlook

Ferrari Q3 Net Profit Rises 10%; Boosts FY22 Outlook

Italian luxury sports carmaker Ferrari N.V. (RACE) reported Wednesday that its net profit for the third quarter increased to 228 million euros or 1.23 euros per share from 207 million euros or 1.11 euros per share in the prior-year quarter.
RTTNews | vor 883 Tagen
Malaysia Bourse May Give Up Support At 1,500 Points

Malaysia Bourse May Give Up Support At 1,500 Points

The Malaysia stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had picked up more than 30 points or 2 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,520-point plateau and it may take further damage again on Friday.
RTTNews | vor 4Std 24 Minuten
More Pain Predicted For Japan Stock Market

More Pain Predicted For Japan Stock Market

The Japanese stock market on Thursday ended the two-day winning streak in which it had picked up almost 110 points or 0.3 percent. The Nikkei 225 now rests just above the 34,735-point plateau and it may take further damage on Friday.
RTTNews | vor 4Std 54 Minuten
South Korea Stock Market May Extend Losing Streak

South Korea Stock Market May Extend Losing Streak

The South Korea stock market has moved lower in two straight sessions, sinking almost 35 points or 1.4 percent along the way. The KOSPI now rests just above the 2,485-point plateau and it's likely to open under pressure again on Friday.
RTTNews | vor 5Std 24 Minuten