Harley-Davidson (HOG) Tops Q2 EPS by 1c; Trims Outlook

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Harley-Davidson Reports Second Quarter 2016 Earnings

July 28, 2016 6:55 AM EDT

MILWAUKEE, July 28, 2016 /PRNewswire/ -- Harley-Davidson, Inc. (NYSE: HOG) second quarter 2016 diluted earnings per share increased 7.6 percent to $1.55 compared to diluted EPS of $1.44 in the same period in 2015. Net income was $280.4 million on consolidated revenue of $1.86 billion compared to net income of $299.8 million on consolidated revenue of $1.82 billion in last year's second quarter. 

Harley-Davidson worldwide retail motorcycle sales in the second quarter were down 1.9 percent on weak U.S. industry results. Harley-Davidson retail motorcycle sales in the U.S. were down 5.2 percent compared to the year-ago quarter, with the overall U.S.... More