Ferrari is set to release its Q2 results on July 31, with management already forecasting slightly weaker profitability and free cash flow compared to Q1. Sales of high-value Daytona models will decrease, impacting profitability. Sales growth is expected to slow to low single-digit volume growth. US tariffs may have a small impact on profitability, but no effect on sales volumes or order book is anticipated. Rising costs, including increased R&D and marketing spend, will be closely monitored. Ferrari has delayed the launch of its second fully electric vehicle due to lack of demand.

Read more at Morningstar: Going Into Earnings, Is Ferrari Stock a Buy, a Sell, or Fairly Valued?