Toyota Raises Profit Forecast, Shares Surge 16.7% in Biggest Intraday Gain Since 1987
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Ferrari lifted its full-year 2026 adjusted EPS forecast to €9.85 from €9.68 and revenue to €7.65B from €7.6B after Q3 EPS rose 14% YoY to €2.44. The beat reflects resilient luxury demand and pricing power, though the guidance raise is modest. This signals continued strength in high-end consumer spending, a marginal positive for European luxury equities.
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