Ferrari Stock Rises. Why the Luxury Auto Maker Is Defying China Sales Slump. - Barron's
1. Ferrari posted better-than-expected earnings amidst China slowdown challenges. 2. Q4 diluted earnings reached €2.14, surpassing forecasts of €1.87. 3. Net revenue climbed 14% YoY to €1.74 billion, exceeding Wall Street expectations. 4. Low dependence on China minimizes negative impact from regional shipping slump. 5. New supercar launch could significantly boost future earnings.