, and amortization of as much as 2.19-2.22 billion euros , up from prior guidance of 2.13-2.18 billion euros . Ferrari also bumped up its full-year revenue forecast slightly to 5.8 billion euros , up from a prior 5.7 billion euros.
Nonetheless, Ferrari’s guidance hike wasn’t enough for investors, as US-listed shares were lower in midday trade. That being said, investors could be taking profits as Ferrari shares have surged an astounding 46% this year.