Harley-Davidson Inc HOG.N reported quarterly adjusted earnings of 88 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.63. The mean expectation of fourteen analysts for the quarter was for earnings of 96 cents per share. Wall Street expected results to range from 66 cents to $1.24 per share.
Revenue fell 22.6% to $1.04 billion from a year ago; analysts expected $1.10 billion.
Harley-Davidson Inc's reported EPS for the quarter was 88 cents.
The company reported quarterly net income of $107.57 million.
Harley-Davidson Inc shares had fallen by 2.8% this quarter and lost 23.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 19.9% in the last three months.
In the last 30 days, five analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the auto & truck manufacturers peer group is "buy."
Wall Street's median 12-month price target for Harley-Davidson Inc is $28.00, about 18% above its last closing price of $22.95
This summary was machine generated from LSEG data July 30 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)