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Ferrari Logs Higher Q3 Adjusted Net Profit, Net Revenue

MT Newswires·11/03/2026 07:15:57
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07:15 AM EST, 11/03/2026 (MT Newswires) -- Ferrari (RACE.MI) logged 431 million euros in adjusted net profit for the third quarter, compared with 382 million euros a year ago. Adjusted EPS moved to 2.44 euros from 2.14 euros year over year, a Tuesday filing showed. For the three months ended Sept. 30, the Italian luxury car manufacturer's net revenue was 1.9 billion euros versus 1.77 billion euros previously. Analysts polled by FactSet were expecting 1.9 billion euros in sales, 419.7 million euros in net income, and 2.4 euros in EPS. For full-year 2026, the company further upgraded its net revenue guidance to 7.65 billion euros from 7.60 billion euros previously, based on current visibility of the potential effects of the Middle East crisis. The guidance for adjusted EPS was increased to 9.85 euros from 9.68 euros.