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.

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