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Ferrari (NYSE:RACE) reported first-quarter results that fell short of analyst expectations and issued full-year guidance below consensus, sending its shares slightly lower in U. S.
The Italian automaker posted €1.85 billion in revenue and confirmed its 2026 targets as it prepares to debut the Luce electric vehicle
Ferrari (RACE) delivered earnings and revenue surprises of +1.11% and +2.14%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Ferrari beat analysts’ earnings targets and stuck with its full-year guidance on Tuesday, even though the war in the Middle East disrupted deliveries over the first quarter. Ferrari shipped 3,436 cars over the first quarter, down 157 from the same period a year ago. Shipments for Europe, the Middle East, and Africa fell by 243 from a year ago to 1,458.
The sports-car maker also echoed other European automakers in saying they have seen little to no impact from the war in Iran.
Investing.com -- Ferrari reported first-quarter earnings that missed analyst expectations, and provided below-consensus guidance for the full year.
