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!
Most Popular
Walmart (WMT) stock research summary | Q3 2021
Walmart (WMT) is a major retailer with a strong presence in the US and international markets. The company offers a wide range of products through its stores and digital channels.
MDB Stock: Is it the right time to invest in MongoDB?
The ongoing information technology boom has spurred the need for effective tools for database management, and enterprises are turning to technology companies like MongoDB Inc. (NASDAQ: MDB) to integrate their
After strong Q3, Thermo Fisher (TMO) expects to end FY21 on a high note
The shares of Thermo Fisher Scientific Inc. (NYSE: TMO), a leading provider of analytical instruments and software, climbed to a record high this week, extending the positive momentum that came
