US Stock Market Move | Ferrari NV (RACE.US) rose more than 7% in pre-market trading, with fourth-quarter performance exceeding expectations.
On Tuesday, Ferrari (RACE.US) surged more than 7% in pre-market trading, reaching $361.20.
On Tuesday, Ferrari NV (RACE.US) rose more than 7% in pre-market trading, reaching $361.20. According to the financial report, Ferrari NV's net revenue for the fourth quarter of fiscal year 2025 increased to 18 billion euros (approximately 21.4 billion US dollars), exceeding the expected 17.7 billion euros from analysts. The net profit for the period was 381 million euros, also higher than the expected 374 million euros. Additionally, the company released performance guidance for fiscal year 2026, expecting revenue of approximately 7.5 billion euros, slightly lower than the market estimate of 7.53 billion euros; and expecting adjusted EBITDA of not less than 2.93 billion euros, higher than the market estimate of 2.91 billion euros.
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