Ferrari (RACE) Reports Q4 EPS of EUR1.00
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Ferrari (NYSE: RACE) reported Q4 EPS of EUR1.00, versus EUR0.71 reported last year. Revenue for the quarter came in at EUR845 million, versus EUR840 million reported last year.
The Group targets the following performance in 2019:
• Net revenues: > Euro 3.5 billion, over 3% growth versus 2018
• Adj. EBITDA: Euro 1.2-1.25 billion, approx. 10% growth versus 2018
• Adj. EBIT: Euro 0.85-0.9 billion, approx. 6% growth versus 2018
• Adj. diluted EPS (3): Euro 3.50-3.70 per share, approx. 6% growth versus 2018
• Industrial free cash flow: ~ Euro 0.45 billion, over 10% growth versus 2018
For earnings history and earnings-related data on Ferrari (RACE) click here.
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