1441 GMT - Ferrari's confidence on its outlook stands out at a time when many companies in the auto sector and elsewhere are suspending their guidance due to uncertainty about U.S. tariffs and second-order effects, Bernstein analysts say in a note. The Italian luxury-car maker reported first-quarter results that beat consensus expectations and confidently reiterated guidance originally provided in February, Bernstein says. The company delivered fewer cars than expected, but revenue per unit exceeded estimates, the analysts say. Moreover, Ferrari said its order book covers the entirety of 2026, suggesting little has changed since the imposition of tariffs and confirms continued robust demand, according to Bernstein. Shares rise 2% to 418.50 euros. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
May 06, 2025 10:41 ET (14:41 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。