Milwaukee, WI-based Harley-Davidson, Inc. HOG is a leading manufacturer and seller of custom, cruiser and touring motorcycles.
In the first-quarter, Harley-Davidson reported earnings of 80 cents per share, beating the Zacks Consensus Estimate of 67 cents. The earnings in the year-ago quarter was $1.03.
Harley-Davidson reported motorcycle and related products revenue to $1.2 billion, lower than $1.36 billion recorded in the year-ago quarter. Further, the figure slightly missed the Zacks Consensus Estimate.
Harley-Davidson, Inc. Price and EPS Surprise
Harley-Davidson, Inc. Price and EPS Surprise | Harley-Davidson, Inc. Quote
Estimate Trend & Surprise History
Investors should note that stock has not witnessed any change in the Zacks Consensus Estimate for quarter and annual earnings over the last 30 days.
Of the trailing four quarters, the company surpassed estimates in three while missing in one. The average positive surprise was 8.7%.
Key Stats/Developments to Note
For 2019, Harley-Davidson reiterated the full-year motorcycle shipments projection of 217,000-222,000 motorcycles. Further, for second-quarter 2019, it expects motorcycle shipments to be approximately 65,500-70,500.
Harley-Davidson holds a Zacks Rank #3 (Hold), but that could change following its earnings report which has just released. Meanwhile, you can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Check back later for our full write up on Harley-Davidson’s earnings report!
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Harley-Davidson, Inc. (HOG) : Free Stock Analysis Report
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