Ferrari Q2 Sales $1.61B Beat $1.58B Estimate
Portfolio Pulse from Benzinga Newsdesk
Ferrari (NYSE:RACE) reported Q2 sales of $1.61 billion, beating the analyst consensus estimate of $1.58 billion by 1.68 percent. This represents a 16.76 percent increase over sales of $1.38 billion in the same period last year.
August 04, 2023 | 10:53 am
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Ferrari's Q2 sales exceeded analyst estimates, indicating strong performance. This could positively impact the company's stock price.
Ferrari's Q2 sales exceeded the analyst consensus estimate, which is a positive signal for investors. This beat, coupled with a significant YoY increase in sales, indicates strong performance and could lead to a positive reaction in the stock market.
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