Harley-Davidson (HOG) Tops Q2 EPS by 20c; offers guidance

Harley-Davidson (NYSE: HOG) reported Q2 EPS of $1.63, $0.20 better than the analyst estimate of $1.43. Revenue for the quarter came in at $1.62 billion versus the consensus estimate of $1.29 billion.

2024 Financial Outlook
For the full year 2024, the Company now expects:
•HDMC: revenue down 5 to 9 percent compared to 2023 and operating income margin of 10.6 to 11.6 percent
For the full year 2024, the Company continues to expect:
•HDFS: operating income flat to up 5 percent compared to 2023
•LiveWire: electric motorcycle unit sales of 1,000 to 1,500 and operating loss of $105 to $115 million
•Harley-Davidson, Inc: capital investments of $225 to $250 million

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

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