Vroom! Ferrari Plans To Double Production Shifts - On Track To Smash Earnings, Production Targets [zero hedge]
Ferrari N.V. Common Shares (RACE)
Last ferrari n.v. common shares earnings: 2/4 05:58 am
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US:NYSE Investor Relations:
corporate.ferrari.com/en/investors
Company Research
Source: zero hedge
On 2 November 2017, Ferrari NV, which was spun-off from Fiat Chryslerr, announced a 23% rise in adjusted EBITDA to 778 million euros (629 million euros) for the first nine months of 2017. The company increased its EBITDA target for the full year to 1 billion euros versus the previous estimate of more than 950 million. As Bloomberg notes.The manufacturer raised its 2017 profit target last month as rollouts of limited-edition supercars, including the FXX K Evo racing model, help it achieve a long-held profit goal two years early.If, like us, you were wondering what a Ferrari FXX K Evo looks like, here it is. It has a 6.3 litre V12 engine and an electric motors, generates 1,036 bhp with the motor providing an additional 187 bhp and is very fast (last time we checked Ferrari hadn’t released top speed or acceleration data).In 2013, former Chairman, Luca Montezemolo, said that Ferrari would limit production to around 7,000 cars to defend the brand.“My focus this year and in the years to com
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News
- Ferrari: Valuation Revving Up Into The Red RPM Zone [Seeking Alpha]Seeking Alpha
- FERRARI TO ANNOUNCE FIRST QUARTER 2024 FINANCIAL RESULTS ON MAY 7GlobeNewswire
- Ferrari (NYSE: RACE) had its "overweight" rating re-affirmed by analysts at Morgan Stanley. They now have a $400.00 price target on the stock.MarketBeat
- Ferrari (NYSE: RACE) had its price target raised by analysts at Evercore ISI from $430.00 to $465.00. They now have an "outperform" rating on the stock.MarketBeat
- Ferrari N.V.: Periodic Report on the Buyback ProgramGlobeNewswire
RACE
Earnings
- 2/1/24 - Beat
RACE
Sec Filings
- 4/22/24 - Form 6-K
- 4/22/24 - Form 6-K
- 4/17/24 - Form 6-K
- RACE's page on the SEC website