Wide-moat Ferrari, Formula 1 racer and maker of ultra-luxury and exotic sports cars, reported earnings per share before special items of EUR 0.78, EUR 0.06 better than the sell-side consensus and EUR 0.72 higher than the year ago EPS result. Revenue increased 1.3% to EUR 381 million while EBITDA jumped 12.7% to EUR 272 million with roaring margin expansion of 330 basis points to an impressive 32.7% versus the prior year, respectively. Excluding negative currency translation, revenue would have b...
Wide-moat Ferrari, Formula 1 racer and maker of ultra-luxury and exotic sports cars, reported earnings per share before special items of EUR 0.78, EUR 0.06 better than the sell-side consensus and EUR 0.72 higher than the year ago EPS result. Revenue increased 1.3% to EUR 381 million while EBITDA jumped 12.7% to EUR 272 million with roaring margin expansion of 330 basis points to an impressive 32.7% versus the prior year, respectively. Excluding negative currency translation, revenue would have b...
Wide-moat-rated Ferrari, Formula 1 racer and maker of ultra-luxury and exotic sports cars, reported earnings per share before special items of EUR 2.82, EUR 0.05 better than the sell-side consensus and EUR 0.57 higher than the year-ago EPS result. Revenue grew 10% to EUR 3.4 billion, while EBITDA jumped 18% to EUR 1.06 billion for margin expansion of 200 basis points to an impressive 30.3% versus the prior year. The stock rocketed 7% higher as management provided medium-term guidance that incl...
Wide-moat-rated Ferrari, Formula 1 racer and maker of ultra-luxury and exotic sports cars, reported earnings per share before special items of EUR 2.82, EUR 0.05 better than the sell-side consensus and EUR 0.57 higher than the year-ago EPS result. Revenue grew 10% to EUR 3.4 billion, while EBITDA jumped 18% to EUR 1.06 billion for margin expansion of 200 basis points to an impressive 30.3% versus the prior year. The stock rocketed 7% higher as management provided medium-term guidance that incl...
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