Ferrari Stock Plunges 6.61% on Lowered EPS Forecast

Ferrari's stock experienced a significant drop of 6.61% in pre-market trading on July 31, 2025, reflecting investor concerns and market sentiment.

Ferrari has projected its full-year 2025 adjusted earnings per share (EPS) to be at least 8.60 euros, falling short of the FactSet estimate of 8.99 euros. This projection comes alongside the company's Q2 adjusted EPS of 2.38 euros, which has also been a point of discussion among investors.

In the second quarter, Ferrari reported a 6% increase in core earnings, driven by robust pricing strategies and enhanced product offerings. The company's earnings before interest, tax, depreciation, and amortization (EBITDA) reached 709 million euros, aligning with analyst expectations. Despite these positive figures, the impact of new U.S. tariffs on EU-made products has been mitigated, contributing to the overall financial performance.