Ferrari earnings up 15% in first quarter, but confirms risks from U.S tariffs
ReutersMay 6, 2025 10:59 AM
MILAN, May 6 (Reuters) - Luxury sports-car maker Ferrari RACE.MI said on Tuesday its core earnings rose 15% in the first quarter supported by a richer product mix and demand for personalisation of vehicles, but reiterated U.S. tariffs could hit profitability this year
The Italian company said its earnings before interest, tax, depreciation and amortization (EBITDA) amounted to 693 million euros ($784 million), broadly matching an analyst consensus of 689 million euros in a Reuters poll.
Milan-listed shares in the company, which confirmed its forecasts for its full-year results, were down 1% by 1055 GMT.
($1 = 0.8835 euros)
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Coca Cola (KO) Q4 Earnings Preview: Look for the Upside in the AI Initiatives, not in the Revenue and the EPS
Coca-Cola (KO) enters its fourth-quarter 2025 earnings call tomorrow with significant momentum. However, a fundamental shift is occurring.TradingKey
7 hours ago
Warsh’s Fed Era Signals a Death Knell for QE, Jolting the $30 Trillion Treasury Market
With Warsh’s nomination, his past proposals for governing the Federal Reserve are being brought to the forefront. A central issue is the formulation of a new "1951 Accord" to restructure the relationship between the Fed and the Treasury. Analysts suggest such a move could impact the $30 trillion TreTradingKey
21 hours ago
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.TradingKey
Fri, Feb 6
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.TradingKey
Fri, Feb 6
