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Ferrari (RACE) Tops Q1 Earnings and Revenue Estimates
Ferrari (RACE) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this luxury sports car maker would post earnings of $1.02 per share when it actually produced earnings of $1, delivering a surprise of -1.96%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Ferrari, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $1.03 billion for the quarter ended March 2020, surpassing the Zacks Consensus Estimate by 20.62%. This compares to year-ago revenues of $1.07 billion.
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https://finance.yahoo.com/news/ferrari-r...03187.html
![[Bild: RACEc1dl0337.png]](https://finviz.com/publish/050520/RACEc1dl0337.png)
Ferrari (RACE) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this luxury sports car maker would post earnings of $1.02 per share when it actually produced earnings of $1, delivering a surprise of -1.96%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Ferrari, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $1.03 billion for the quarter ended March 2020, surpassing the Zacks Consensus Estimate by 20.62%. This compares to year-ago revenues of $1.07 billion.
...
https://finance.yahoo.com/news/ferrari-r...03187.html
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