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Ferrari N.V. (RACE) Stock News, Aug-Oct 2020

RACE NYSE

Ferrari N.V. reports developments tied to its luxury performance-car business, including vehicle mix, personalization demand, product introductions, guidance, and profitability metrics such as EBIT, EBITDA, earnings per share, and industrial free cash flow. The company designs, engineers, and manufactures Ferrari cars and generates additional activity from racing, sponsorship, commercial, and brand-related operations.

Recurring updates also cover shareholder actions for RACE, including annual general meeting votes, dividend proposals and approvals, common-share repurchase programs, treasury-share disclosures, annual reports, sustainability reporting, and listings on the New York Stock Exchange and Euronext Milan.

Rhea-AI Summary

Ferrari N.V. (NYSE/MTA: RACE) announced that it will release its third quarter financial results on November 3, 2020. A live audio webcast and conference call will take place at 2:00 p.m. GMT / 3:00 p.m. CET / 9:00 a.m. EST. Investors can access details on the company's corporate website, requiring prior registration. A replay will be available for two weeks post-event.

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Ferrari N.V. (NYSE/MTA: RACE) has signed agreements with the FIA and Formula One to participate in the FIA Formula One World Championship from 2021 to 2025. These agreements cover regulatory, governance, and commercial aspects of the sport. Ferrari remains the only team to have competed in every season since 1950, boasting a global fanbase of over 400 million and holding records for the most Drivers’ (15) and Constructors’ (16) championships. This signing reinforces Ferrari's commitment to Formula One's future stability and growth.

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FAQ

What is the current stock price of Ferrari (RACE)?

Ferrari (RACE) last closed at $392.94.

What is the market cap of Ferrari (RACE)?

The market cap of Ferrari (RACE) is approximately $68.9B.