Harley-Davidson (HOG) Tops Q3 EPS by 37c

Harley-Davidson (NYSE: HOG) reported Q3 EPS of $1.78, $0.37 better than the analyst estimate of $1.41. Revenue for the quarter came in at $1.65 billion versus the consensus estimate of $1.37 billion.

2022 Outlook:

For the full year 2022, the Company reaffirms its guidance and continues to expect:

• HDMC revenue growth of 5 to 10%
• HDMC operating income margin of 11 to 12%
• HDFS operating income to decline by 20 to 25%

The Company now expects:

• Capital investments of $170 million to $190 million from a previously expected spend of $190 million to $220 million

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

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