Ferrari Stock Slides On Q2 Earnings: The Details

Ferrari N.V. (NYSE:RACE) reported second-quarter financial results before the market open on Thursday. Here’s a rundown of the report.

Q2 Earnings: Ferrari reported second-quarter revenue of $2.03 billion, beating analyst estimates of $1.82 billion, according to Benzinga Pro. The company reported second-quarter earnings of $2.70 per share, beating estimates of $2.39 per share.

Total revenue was up 4.4% year-over-year on shipments of 3,494 units in the quarter. Revenue from cars and ...