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Thursday, May 3, 2018

-=Ferrari (RACE) reported earnings on Thur 3 May 2018 (b/o)



Ferrari beats by $0.06, reports revs in-line; reaffirms FY18 revs guidance 
  • Reports Q1 (Mar) earnings of 0.78 per share, 0.06 better thanthe Capital IQ Consensus of 0.72; revenues rose 1.2% year/year to 831 mln vs the 835.47 mln Capital IQ Consensus.
  • Coreaffirms guidancefor FY18, sees FY18 revs of > EUR3.4 billion vs. 3.54 bln Capital IQ Consensus Estimate and Adjusted EBITDA: = Euro 1.1 billion

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