06:52 AM EST, 11/04/2025 (MT Newswires) -- Ferrari (RACE) reported Q3 adjusted earnings Tuesday of 2.14 euros ($2.46) per diluted share, up from 2.08 euros a year earlier.

Two analysts surveyed by FactSet expected 2.09 euros.

Net revenue for the three months ended Sept. 30 was 1.77 billion euros, up from 1.64 billion euros a year earlier.

Analysts polled by FactSet expected 1.70 billion euros.

The company raised its full-year 2025 adjusted earnings guidance to at least 8.80 euros per share from the prior outlook of 8.60 euros. Analysts surveyed by FactSet expect 8.92 euros.

Shares of the company were up over 2% in recent Tuesday premarket activity.