According to CNBC, Ferrari raised its 2026 guidance after third-quarter adjusted earnings per share came in at 2.44 euros ($2.77), compared with estimates of 2.37 euros, and revenue reached 1.9 billion euros, versus 1.89 billion euros expected. The automaker now forecasts revenue of 7.65 billion euros, adjusted EBITDA of 3 billion euros and adjusted EPS of at least 9.85 euros. It also raised its industrial free cash flow outlook to up to 1.65 billion euros. Ferrari cited stronger-than-expected customer personalizations, lower-than-anticipated currency headwinds and a second-place finish in the Formula 1 championship. Shares were up roughly 2% in premarket trading after initially declining.
