Ferrari Stock Rises After Earnings. Here’s the Good News for Investors.
1. Ferrari’s Q3 earnings surpassed expectations, reaching 2.14 euros per share. 2. Vehicle shipments rose 1% year-over-year; EMEA and Asia increased by 2%. 3. Full-year outlook maintained with earnings projected at 8.80 euros per share. 4. Stock rose 1.8% after results, amidst prior declines from Capital Markets Day. 5. Analysts predict further share price increases, targeting €460 on positive forecasts.