Ferrari raises 2026 guidance after second-quarter earnings beat

Ferrari said it is increasing its 2026 outlook after reporting secondquarter results that topped Wall Street expectations. The company reported adjusted earnings per share of 2.62 euros, above estimates, and revenue of 1.94 billion euros, also ahead of forecasts. Chief Executive Benedetto Vigna said demand remained resilient and that personalization trends continued to support results. Ferrari said its order book is filled through 2027, and it lifted its guidance for revenue, adjusted earnings, and free cash flow for 2026. The automaker reported operating profit of 605 million euros, with a 31.2% margin, and net profit of 463 million euros, up about 9% from a year earlier. Shares rose more than 2% in morning trading after the update.