Ferrari (RACE) Reports Q1 EPS of EUR0.95

Ferrari (NYSE: RACE) reported Q1 EPS of EUR0.95, versus EUR0.78 reported last year. Revenue for the quarter came in at EUR940 million, versus EUR831 million reported last year.

The Group confirmed the following performance targets for 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: Euro 3.50-3.70 per share, approx. 6% growth versus 2018

For earnings history and earnings-related data on Ferrari (RACE) click here.

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