Ferrari (RACE) Beats Q1 Earnings and Revenue Estimates

Ferrari (RACE) came out with quarterly earnings of $2.42 per share, beating the Zacks Consensus Estimate of$2.36 per share. This compares to earnings of $2.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.54$1.89 per share when it actually produced earnings of $2.28, delivering a surprise of 20.63%.Over the last four quarters, the c ...