Harley-Davidson (HOG) Reports In-Line Q3 EPS; Plans to Streamline Ops in Q4; Reaffirms FY16 Shipment Outlook

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Go back to Harley-Davidson (HOG) Reports In-Line Q3 EPS; Plans to Streamline Ops in Q4; Reaffirms FY16 Shipment Outlook

Harley-Davidson Reports Third Quarter 2016 Earnings

October 18, 2016 6:55 AM EDT

MILWAUKEE, Oct. 18, 2016 /PRNewswire/ -- Harley-Davidson, Inc. (NYSE: HOG) third quarter 2016 diluted earnings per share decreased 7.2 percent to $0.64 compared to diluted EPS of $0.69 in the same period in 2015. Net income was $114.1 million on consolidated revenue of $1.27 billion compared to net income of $140.3 million on consolidated revenue of $1.32 billion in the third quarter of 2015.

Harley-Davidson worldwide retail motorcycle sales in the third quarter were down 4.5 percent, primarily on weak U.S. industry trends. Harley-Davidson retail motorcycle sales in the U.S. were down 7.1 percent compared to the year-ago quarter, with the... More