Harley-Davidson (HOG) Tops Q1 EPS by 2c; Lowers Growth Rate

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Harley-Davidson Reports First-Quarter Earnings

April 21, 2015 7:01 AM EDT

MILWAUKEE, April 21, 2015 /PRNewswire/ -- Harley-Davidson, Inc. (NYSE: HOG) first-quarter 2015 diluted earnings per share increased 5.0 percent to $1.27 compared to diluted EPS of $1.21 in the year-ago period. Net income was $269.9 million on consolidated revenue of $1.67 billion compared to net income of $265.9 million on consolidated revenue of $1.73 billion in last year's first quarter. Revenue in this year's first quarter was down from the year-ago period primarily on unfavorable foreign currency exchange and slightly lower motorcycle shipments.

"While the first quarter had its share of headwinds, our business is strong and we remain clearly focused on... More