Today news
About the same in other media
Ferrari nudges ups forecasts for FY again after beating estimates in Q3
Reading now: 375
MILAN (Reuters) — Luxury sports car maker Ferrari (NYSE:RACE) on Thursday slightly raised its forecasts for its full-year core earnings, after beating estimates with its third quarter results thanks to strong pricing power and product mix, including personalisation.
The Italian company said in a statement it saw its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) growing this year to at least 2.25 billion euros ($2.39 billion), versus a previous and already improved forecast of between 2.19 and 2.22 billion euros.
Milan-listed shares in the company trimmed gains after results were published and were up 1.6% by 1150 GMT.
($1 = 0.9406 euros)
Read more on investing.comAbout this in other media
Bank of Italy sticks to 0.7% 2023 GDP growth forecast despite expected weak Q4 investing.com /11 months ago
48 Countries Join Forces to Combat Crypto Tax Evasion Starting in 2027 cryptonews.com /11 months ago
Ireland waives off English test requirement for foreign nurses economictimes.indiatimes.com /11 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
