Ferrari (NYSE:RACE) announced Tuesday that its financial results for Q-1 Y 2020 will be released on Monday, 4 May 2020.
A live audio webcast and conference call of the 2020 Q-1 results will begin at 2:00p BST / 3:00p CEST / 9:00a EDT on Monday, 4 May.
Details for accessing this presentation will be available in the Investors section of Ferrari’s corporate website at http://corporate.ferrari.com prior to the event.
Please note that registering in advance is required to access the conference call details.
For those unable to participate in the live session, a replay will remain archived on Ferrari’s corporate website (http://corporate.ferrari.com) for 2 wks after the call.
Our overall technical outlook is Bullish to Very Bullish in here, 3 of my 3 Key indicators are now Very Bullish.
Ferrari finished Tuesday 155.86 -2.64 (-1.67%) at the close, and is at 158.32 +2.46 (1.58%) Wednesday Pre-Market: 4:49a EDT
The Maranello Outfit’s shares were raised to Buy from Hold at HSBC.
Ferrari will continue to create value in the long term. Ferrari is a quality 1st long term luxury products investment, and I have called it at it at 200+/share long term, adjusting it to 200/share short term (after the virus) and siding with BAML to 230 long term for now.
Have a healthy weekend, Keep the Faith!
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