Advertisement
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
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
|
814 days ago
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
|
906 days ago
Swiss Franc Recovers Against Majors
The Swiss franc recovered against its major counterparts in the New York session on Friday.
RTTNews
|
1 day ago
Euro Advances Against Most Majors
The euro climbed against its most major counterparts in the New York session on Friday.
RTTNews
|
1 day ago
Canadian Market Slightly Lower In Cautious Trade
After three successive days of gains, the Canadian market is exhibiting weakness on Friday and looks set to end the day's session on a negative note.
RTTNews
|
1 day ago
Swiss Market Ends Modestly Higher
The Swiss market closed modestly higher on Friday after moving in a tight bandwith investors digesting earnings updates and continuing to track the developments on the tariff front.
RTTNews
|
1 day ago
European Stocks Close Higher
Despite lingering uncertainty about U.S. government's trade policy, European stocks closed higher on Friday, with German and French markets gaining for a fourth straight session, and the U.K. moving up for the tenth consecutive session, as investors focused on earnings.
RTTNews
|
1 day ago
U.S. Consumer Sentiment Deteriorates Modestly Less Than Estimated In April
A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated modestly less than previously estimated in the month of April. The University of Michigan said its consumer sentiment index for April was upwardly revised to 52.2 from a preliminary reading of 50.8. Economists had expected the index to be unrevised.
RTTNews
|
1 day ago
