Harley-Davidson (HOG) Tops Q3 EPS by 2c

Harley-Davidson (NYSE: HOG) reported Q3 EPS of $1.38, $0.02 better than the analyst estimate of $1.36. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.36 billion.

2023 Financial Outlook:
For the full year 2023, the Company reaffirms its most recent guidance and continues to expect:
•HDMC: revenue growth of flat to 3% and operating income margin of 13.9 to 14.3%
•HDFS: operating income decline of 20 to 25%
•LiveWire: motorcycle unit sales of 600–1,000 and operating loss of $115 to $125 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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