Harley-Davidson (HOG) Tops Q3 EPS by 7c; offers guidance
Harley-Davidson (NYSE: HOG) reported Q3 EPS of $0.91, $0.07 better than the analyst estimate of $0.84. Revenue for the quarter came in at $1.15 billion versus the consensus estimate of $972.72 million.
2024 Financial Outlook
For the full year 2024, the Company now expects:
HDMC: Revenue down 14 to 16 percent compared to 2023
HDMC: Operating Income margin between 7.5 and 8.5 percent
HDFS: Operating Income up 5 to 10 percent compared to 2023
LiveWire: Electric motorcycle unit sales of 600 to 1,000
For the full year 2024 we continue to expect:
LiveWire: 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.
