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
|
720 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
|
812 days ago
Sensex, Nifty Open Higher; IT Stocks Extend Gains
Indian shares opened on a positive note Thursday, tracking firm cues from global markets, helped by Netflix's robust quarterly results, Fed rate-cut optimism and U.S. President Trump's new initiative on artificial intelligence.
RTTNews
|
5h 32min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, driven by China after multiple Chinese government departments rolled out medium- and long-term investment plan with clear measures to boost capital market confidence. Concerns about tariff threats by US President Donald Trump limited market's upside.
RTTNews
|
6h 51min ago
Australian Market Extends Losses In Mid-market
The Australian market in extending its early losses in mid-market moves on Thursday, giving up some of the gains in the previous three sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,400 level, with weakness in gold mining and financial stocks.
RTTNews
|
7h 23min ago
Sensex, Nifty Seen Lower At Open
Indian shares may open on a sluggish note Thursday amid continued selling by foreign portfolio investors and anxiety ahead of the upcoming Budget.
RTTNews
|
7h 36min ago
Thai Stock Market May Extend Winning Streak
The Thai stock market has tracked higher in two straight sessions, collecting more than 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,360-point plateau and it may open in the green again on Thursday.
RTTNews
|
8h 17min ago
Japanese Market Modestly Higher
The Japanese market is modestly higher on Thursday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,700 level, with gains in some index heavyweights and exporters. Traders also remain cautious ahead of the interest rate decision on Friday.
RTTNews
|
8h 40min ago
