Ferrari NV2FE
▲ PositiveCapitalrelevance
Higher Q2 profit, beat estimates, raised full-year guidance
Impact on stocks 1
Consumer Discretionary
Ferrari NVFerrari reported higher second-quarter profit as customers spent more on personalized supercars, helping the luxury automaker top earnings estimates and raise its full-year guidance. Revenue rose 8% to 1.94 billion euros, or $2.25 billion, beating the $2.14 billion consensus, while earnings per share came in at 2.62 euros, or $3.05, topping expectations of $2.83. Total shipments declined 3.7% to 3,366 units, but a richer sports-car mix and personalization—which exceeded 20% of cars and spare-parts revenue—drove the gains. CEO Benedetto Vigna said the company’s order book fully covers 2027, and Ferrari raised its fiscal 2026 revenue forecast to about 7.60 billion euros, or $8.84 billion, with adjusted earnings per share expected at least 9.68 euros, or $11.25.
Ferrari NVHigher Q2 profit, beat estimates, raised full-year guidance