Ferrari reported second-quarter revenue of 1.9 billion euros, up 8.4% year over year, and diluted earnings per share of 2.62 euros, 10% higher than the same period last year, beating Wall Street expectations. The company shipped 3.7% fewer cars but still grew operating income by 9.5%, driven by higher-than-anticipated personalizations that add high-margin revenue. The article argues Ferrari's wide economic moat, proven pricing power, and durable financial performance make it a compounder that Warren Buffett would appreciate, unlike Tesla whose automotive segment faces macro and competitive headwinds. Ferrari's shares have risen 746% over the past decade.
Ferrari NVFerrari's Q2 revenue and EPS beat estimates, with operating income up 9.5% on high-margin personalizations.
Tesla Inc