Luxury carmaker Ferrari beats third-quarter profit expectations as reveunes jump

1. Ferrari's Q3 profit surpassed expectations, gaining over 7% year-on-year. 2. Net profit reached 382 million euros, beating analyst estimates of 367.33 million euros. 3. CEO Vigna highlighted clear long-term growth plans towards 2030. 4. Ferrari's stock suffered its worst trading day, tumbling 15.4% on October 9. 5. The decline followed disappointing 2030 guidance that fell short of market expectations.