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Luxury carmaker Ferrari
on Tuesday reported stronger-than-expected third-quarter profit, with net revenues jumping more than 7% compared to the same period last year.
The Maranello, Italy-based sports car manufacturer posted net profit of 382 million euros ($439.5 million) for the July-September period, reflecting a nearly 2% increase from the same period last year.
Analysts had expected first-quarter net profit to come in at 367.33 million euros, according to an LSEG compiled consensus.
