Investing.com
_news_article_title_published Aug 02, 2022 07:16AM ET
_news_article_title_updated Aug 02, 2022 07:28AM ET
Ferrari N.V (NYSE:RACE) reported Q2 EPS of EUR1.36, EUR0.07 better than the analyst estimate of EUR1.29. Revenue for the quarter came in at EUR1.29 billion versus the consensus estimate of EUR1.24 billion.
“Ferrari continues a phase of strong growth, with quarterly record results in terms of revenues, EBITDA and EBIT. The quality of the first six months and the robustness of our business allows us to revise upward the 2022 guidance on all metrics. Also the net order intake reached a new record level in the quarter” – commented Benedetto Vigna, Chief Executive Officer of Ferrari. “The last quarter was also notable for the unique memories generated by our 75th anniversary celebrations and the Cavalcades, which raised the experiences we offer clients for sharing the passion and spirit of Ferrari to new levels as we continue to push the boundaries.”
_newTouch_News_Source: Investing.com
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