Earnings Recap – 05/04/23
There were a metric ton of earnings reports out today, with many stocks moving significantly. We summarize some of the biggest names and their results down below. 👇
Ferrari profits soared 24% as the luxury goods market remained solid, pushing the company’s waiting list into 2025. Investors pay close attention to its EBIT profit margin, which rose one percentage point to 26.9%. $RACE shares rose 5%. 🏎️