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Harley-Davidson, Inc. (HOG) Reports In-Line Q3 EPS

October 22, 2013 7:02 AM EDT
Harley-Davidson, Inc. (NYSE: HOG) reported Q3 EPS of $0.73, in-line with the analyst estimate of $0.73. Revenue for the quarter came in at $1.34 billion versus the consensus estimate of $1.17 billion.

Dealers worldwide sold 70,517 new Harley-Davidson motorcycles in the third quarter of 2013, compared to 61,053 motorcycles in the year-ago quarter. In the U.S., dealers sold 48,529 new Harley-Davidson motorcycles in the quarter, up 20.1%, compared to sales of 40,402 motorcycles in the year-ago period. In international markets, dealers sold 21,988 new Harley-Davidson motorcycles during the third quarter, up 6.5% compared to 20,651 motorcycles in the year-ago period, with unit sales up 10.0% in the Asia Pacific region, 1.6% in the EMEA region, 15.6% in the Latin America region, and 7.0% in Canada.

Retail sales were driven by strong double-digit growth in the sale of touring motorcycles following the third-quarter launch of the Company's Project Rushmore line of revamped motorcycles.

Harley-Davidson, Inc. reaffirmed FY2013 guidance.

For earnings history and earnings-related data on Harley-Davidson, Inc. (HOG) click here.


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