** Milan-listed shares in Ferrari RACE.MI rise as much as 4% after the Italian luxury car maker held late on Tuesday a briefing call ahead of its Q2 results on July 31
** Ferrari's pre-close "points to another assured, mix-enabled quarter to come", brokerage Jefferies notes
** Jefferies estimates Q2 inc fx EBIT growth of about 10% y/y to 559 million euros, slightly ahead of consensus of 545 million
** "The pre-close process was more descriptive than usual, confirming that US price rises will only have an impact from Q3", it adds
** "The tone remained as confident as ever", brokerage Bernstein says
** As of 0750 GMT, Ferrari shares are up 3.7%, among the top movers on the pan-European STOXX 600 .STOXX index
(Reporting by Philippe Leroy Beaulieu in Gdansk)
((Philippe.leroybeaulieu@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.