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Ferrari: Q3 Earnings Snapshot

By AP News
Published

MARANELLO, Italy (AP) — MARANELLO, Italy (AP) — Ferrari NV (RACE) on Thursday reported third-quarter earnings of $361.3 million.

The Maranello, Italy-based company said it had profit of $1.98 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.59 per share.

The luxury sports car maker posted revenue of $1.68 billion in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RACE at https://www.zacks.com/ap/RACE

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