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Benzinga
Benzinga
Business
Anusuya Lahiri

Ferrari Buyers Keep Splurging on Custom Supercars—And It's Boosting Profits

Las,Vegas,,Nevada,Usa,April,4th,2025,:,Yellow,Ferrari,296

Ferrari N.V. (NYSE:RACE) stock gained Thursday after the luxury automaker reported fiscal second-quarter 2026 results and reaffirmed its full-year guidance.

The Italian carmaker posted revenue of 1.94 billion euros ($2.25 billion), up 8% from a year earlier and above the analyst consensus estimate of $2.14 billion. Earnings per share came in at 2.62 euros ($3.05), topping expectations of $2.83.

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