Harley-Davidson (HOG) Reports Q4 EPS of 5c, U.S. Retail Motorcycle Sales Fall 8.5% for Year
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Harley-Davidson Announces Fourth Quarter, Full-Year 2017 Results
January 30, 2018 6:55 AM ESTMILWAUKEE, Jan. 30, 2018 /PRNewswire/ -- Harley-Davidson, Inc. (NYSE: HOG) fourth quarter 2017 diluted EPS decreased to $0.05 from $0.27 in the fourth quarter of 2016. Fourth quarter 2017 net income was $8.3 million on consolidated revenue of $1.23 billion versus net income of $47.2 million on consolidated revenue of $1.11 billion in the fourth quarter of 2016. Fourth quarter 2017 revenue was up on higher shipments. Net income and EPS were adversely impacted by a $53.1 million income tax charge related to the enactment of the 2017 Tax Cuts and Jobs Act and a $29.4 million pre-tax charge for a voluntary product recall.
Full-year 2017 diluted EPS decreased to... More
