Ferrari tops Wall Street's first-quarter expectations ahead of EV debut

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DETROIT — Ferrari

on Tuesday beat Wall Street’s first-quarter earnings expectations and reconfirmed its guidance for the year, weeks ahead of the sports car maker revealing its first all-electric vehicle.

Here’s how the company performed in the first quarter compared with average estimates compiled by LSEG:

Ferrari’s revenue was up more than 3% compared with 1.79 billion euros during the first quarter of 2025, while its operating profit and adjusted earnings increased 1.1% and 4.2% year-over-year, respectively.