Ferrari raises 2026 guidance after Q2 earnings beat

Ferrari SF90 XX Spider limited edition plug in hybrid supercar parked on the pavement as a red Ferrari passes on Bond Street on 4th January 2026 in London, United Kingdom.Mike Kemp | In Pictures | Getty ImagesFerrari is bumping up its 2026 guidance after beating Wall Street's second-quarter expectations amid healthy demand for the famed Italian sports car brand's products.Here's how the company performed in the second quarter compared with average estimates compiled by LSEG:Earnings per share: 2.62 euros ($2.97) adjusted vs. 2.50 euros expectedRevenue: 1.94 billion euros vs. 1.88 billion euros expectedThe automaker's new 2026 guidance includes revenue of roughly 7.6 billion euros, up from 7.5 billion euros; adjusted earnings of at least 2.97 billion euros, or 9.68 euros adjusted EPS, up from 2.93 billion euros, or 9.45 euros adjusted EPS; as well as slight increases to its industrial free cash flow and adjusted earnings and operating profit.Ferrari CEO Benedetto Vigna attributed the company's second-quarter results and guidance increase to a "sustained trend in personalizations" as well as resilient demand for its vehicles, with its order book full through 2027.RBC Capital Markets ...