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Ferrari Q2 2026 earnings beat, raises full-year guidance
['Colleen Cabili', 'July', 'Min Read']
Yahoo Finance
Ferrari raised its full-year guidance on Thursday after second-quarter revenue and earnings came in above analyst expectations.
The company now projects 2026 revenue of roughly €7.6 billion, up from its prior target of €7.5 billion.
The results cleared the consensus estimates of €1.88 billion in revenue and €2.50 in adjusted EPS, according to CNBC.
Ferrari CEO Benedetto Vigna attributed the results to demand trends and the company's approach to customization.
The company's first-quarter results also beat analyst expectations, with revenue of €1.85 billion.