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Operating profits jumped 26% to 469 million euros, and earnings per share rose 32% to 2.14 euros, which also beat the consensus at 2.02 euros. Why Ferrari Stock Was Racing Higher Today Skip to ...
Ferrari stock zoomed higher after the Italian luxury automaker reported ... Diluted earnings per share (EPS) hit 2.14 euros ($2.22), also topping street estimates of 1.88 euros ($1.95), with ...
Whether it's the sharp red paint Ferraris are known for, the top speed of nearly 220 miles per hour, or the engine built off tech from the company's Formula One efforts, the vehicle is a stunning ...
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Revenue started to grow 100% year over year in 2020, which caused the company's stock price to rocket higher. With all that success, management decided to invest heavily in new services outside of ...
The stock market's gains in the past year and a half have left many investors smiling. Since the end of 2022, the S&P 500 has risen by more than 37%.But that also puts investors in a difficult ...
Nelson said the price target hike was based on prospects for 2025 P/E (price-to-earnings) ratio growth, in line with Ferrari’s long-term five-year average forward P/E. Nelson also noted Ferrari ...
Nelson reiterated his Buy rating on Ferrari and upped his price target $25 to $385, citing Ferrari's "stellar earnings track record (14 straight bottom-line beats)." Ferrari Formula 1 team on ...