Ferrari NV RACE.MI is expected to show a rise in quarterly revenue when it reports results on February 4 for the period ending December 31 2024
The Maranello Modena-based company is expected to report a 8.7% increase in revenue to €1.656 billion from €1.52 billion a year ago, according to the mean estimate from 10 analysts, based on LSEG data.
LSEG's mean analyst estimate for Ferrari NV is for earnings of €1.86 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Ferrari NV is $502.00, above its last closing price of $431.95.
Previous quarterly performance (using preferred earnings measure in euros).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 1.98 | 1.99 | 2.08 | Beat | 4.7 |
Jun. 30 2024 | 2.07 | 2.07 | 2.29 | Beat | 10.5 |
Mar. 31 2024 | 1.85 | 1.86 | 1.95 | Beat | 5 |
Dec. 31 2023 | 1.50 | 1.49 | 1.62 | Beat | 8.6 |
Sep. 30 2023 | 1.57 | 1.60 | 1.82 | Beat | 13.9 |
Jun. 30 2023 | 1.68 | 1.68 | 1.83 | Beat | 9 |
Mar. 31 2023 | 1.56 | 1.45 | 1.62 | Beat | 12 |
Dec. 31 2022 | 1.18 | 1.17 | 1.21 | Beat | 3.6 |
This summary was machine generated January 31 at 11:08 GMT. All figures in euros unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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