Harley-Davidson (HOG) Tops Q3 EPS by 9c

Harley-Davidson (NYSE: HOG) reported Q3 EPS of $0.69, $0.09 better than the analyst estimate of $0.60. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.14 billion.

Dealers worldwide sold 73,217 new Harley-Davidson® motorcycles in the third quarter of 2014 compared to 70,517 motorcycles in the year-ago quarter.

Harley-Davidson continues to expect to ship 270,000 to 275,000 motorcycles to dealers and distributors worldwide in 2014, an approximate 3-1/2 percent to 5-1/2 percent increase from 2013. The Company continues to expect full-year 2014 operating margin of 17.5 percent to 18.5 percent in the Motorcycles segment. The Company also continues to expect capital expenditures of $215 million to $235 million in 2014.

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

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