Ferrari raises 2026 guidance after Q3 earnings beat

Ferrari on Tuesday raised its 2026 guidance after the sports car maker slightly beat Wall Street's third-quarter expectations. Here's how Ferrari performed in the third quarter compared with average estimates compiled by LSEG: Ferrari raised its guidance to revenue of 7.65 billion euros, up from 7.6 billion euros; adjusted earnings before interest, taxes, depreciation and amortization to 3 billion euros, up from 2.97 billion euros; and adjusted EPS to at least 9.85 euros, up from at least 9.68 euros. The automaker also upgraded its expectations for industrial free cash flow to up to 1.65 billion euros, up from previous expectations for at least 1.55 billion euros.