Ferrari (RACE) Q3 Earnings and Revenues Beat Estimates
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Ferrari (RACE) reported Q3 earnings of $2.29 per share, surpassing the Zacks Consensus Estimate of $2.11. This marks an increase from $1.98 per share a year ago.
November 05, 2024 | 4:30 pm
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POSITIVE IMPACT
Ferrari's Q3 earnings per share of $2.29 exceeded expectations, indicating strong financial performance and potential positive impact on stock prices.
Ferrari's earnings per share exceeded analyst expectations, which is typically a positive indicator for stock performance. The increase from the previous year's earnings also suggests growth, likely boosting investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100