Ferrari : On track for a Q2 beat, guidance appears too conservative despite the company’s still cautious stance
>On track for a Q2 beat, a guidance upgrade becomes inevitable? - Our discussions with the company point towards another strong quarter in Q2. The group continues to be buoyed by very strong demand, highly accretive mix, and in addition this quarter, lower costs. Our new forecasts imply a slight upward revision on our quarterly estimates (+2% at the EBIT level), but greater upside to the consensus (+5% vs Visible Alpha). Although the group should maintain a cautious t...
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.