Ferrari Sees 2024 Adj. EPS ≥€7.50, Sees Net Revenues >€6.4B
Portfolio Pulse from Benzinga Newsdesk
Ferrari projects its adjusted earnings per share (EPS) to be equal to or greater than €7.50 by 2024, with net revenues expected to exceed €6.4 billion.
February 01, 2024 | 11:17 am
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Ferrari anticipates its adjusted EPS to reach or surpass €7.50 by 2024, alongside net revenues exceeding €6.4 billion.
Ferrari's optimistic financial projections for 2024, including a significant increase in adjusted EPS and net revenues, suggest a strong growth trajectory. This positive outlook is likely to instill confidence among investors, potentially leading to an increase in stock price in the short term. The direct mention of these financial targets, along with the specificity of the figures, underscores the relevance and importance of this news for RACE shareholders.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100