Ferrari's Strong Results and Guidance Raise a Welcome Development -- Market Talk
Dow Jones2026/07/30 13:301329 GMT - (Dow Jones) Automaker Ferrari's results are strongly ahead of consensus in a quarter dominated by pricing and mix improvement underpinned by higher vehicle personalization, Bernstein analysts write. This more than offset the expected drop in shipments, which was due to model changeovers, the bank says. Full-year guidance for revenue, Ebitda and EBIT was slightly raised, while there is no change to the Ebitda and EBIT margin guidance. The good set of results and a small raise in guidance are welcome after concerns were raised about the health of the luxury consumer and about the cadence of Ferrari's own margin development, it adds. Bernstein sees further mix and personalization potential in the second half and also sees scope for another guidance upgrade at the third quarter results. Shares fall 1.7%. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
July 30, 2026 09:30 ET (13:30 GMT)
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