Ferrari presented rather mixed Q4 results. It has negatively affected the price of RACE stock though it recently hit a 52-week high. Will the introduction of the first SUV boost the stock in 2021-2022?The Italian maker of luxury and sports cars Ferrari SpA announced that its diluted earnings per share in the last quarter of 2019 amounted to €0.90, which is over 10% lower on an annual basis, while shipments slid 1% to 2,376 in the same period.Net revenues grew 10% to total €927 million as...
Read More »