Ferrari Quarterly Net Revenues €1,544M, Up 24%; Adj. EPS €1.82, Up 48%
Portfolio Pulse from Benzinga Newsdesk
Ferrari has reported its quarterly net revenues of €1,544M, marking a 24% increase. The company's adjusted EPS also rose by 48% to €1.82.
November 02, 2023 | 11:48 am
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POSITIVE IMPACT
Ferrari's strong quarterly results, with a 24% increase in net revenues and a 48% rise in adjusted EPS, could positively impact its stock price.
Ferrari's strong quarterly results indicate a healthy financial performance, which is a positive signal to investors. This could lead to increased demand for the company's stock, potentially driving up its price in the short term.
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