Ferrari NV (NYSE: RACE) reported third quarter 2020 earnings results today.
Net revenues fell 3% year-over-year to EUR888 million.
Net profit attributable to the owners of the company amounted to EUR171 million, or EUR0.92 per share, compared to EUR168 million, or EUR0.90 per share, last year.
Total shipments of 2,313 units were down 7% compared to the same period last year.
For the full year of 2020, the company expects revenues to exceed EUR3.4 billion and adjusted EPS to be approx. EUR2.80.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Labor market conditions improved once again and jobless claims dropped to about 400,000 after rising last week, as economic activity picked up. Stocks rallied in the action-packed week and benchmark
In the first half of 2021, a record number of private companies entered stock markets in the US, marking a multifold increase from the same period of 2021. The IPO
Energy giant ExxonMobil Corporation (NYSE: XOM) reported a profit for the second quarter of 2021, compared to a loss last year, even as operating conditions continued to improve. The results