07:17 AM EDT, 05/05/2026 (MT Newswires) -- Ferrari (RACE) reported Q1 adjusted earnings Tuesday of 2.33 euros ($2.72) per diluted share, up from $2.30 a year earlier.

Four analysts polled by FactSet expected 2.35 euros.

Net revenue for the quarter ended March 31 was 1.85 billion euros, compared with $1.79 billion euros a year earlier.

Analysts polled by FactSet expected 1.83 billion euros.

The company maintains 2026 adjusted earnings of at least 9.45 euros per share and about 7.50 billion euros in net revenue. Analysts polled by FactSet expect 9.61 euros in adjusted EPS on revenue of 7.57 billion euros.

Shares of Ferrari were down more than 1% in recent Tuesday premarket activity.