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Harley-Davidson News: 11 Things to Know About HOG Stock Earnings

William White

Harley-Davidson news for Tuesday includes the release of the company’s earnings report for the first quarter of 2019.

Harley-Davidson News: 11 Things to Know About HOG Stock Earnings

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Here are some things to know about the most recent Harley-Davidson (NYSE:HOG) earnings report.

  • The Harley-Davidson news starts with earnings per share of 98 cents for the first quarter of the year.
  • This is a drop from the company’s earnings per share of $1.24 from the same time last year.
  • Despite the drop, HOG still beat out Wall Street’s earnings per share estimate of 65 cents for the period.
  • Revenue reported by Harley-Davidson in its most recent earnings report comes in at $1.20 billion.
  • That’s down from the company’s revenue of $1.36 billion reported in the first quarter of 2018.
  • However, it was still able to match Wall Street’s revenue estimate for the first quarter of the year.
  • The Harley-Davidson news also includes net income for the quarter coming in at $127.95 million.
  • Net income reported by Harley-Davidson in the same period of the year prior was $174.76 million.
  • Harley-Davidson also reported operating income of $167.11 million for the first quarter of 2019.
  • Harley-Davidson notes that it is expecting motorcycle shipments for the full year of 2019 to range from 217,000 to 222,000 units.
  • For the second quarter of the year, the company is expecting motorcycle shipments to come in between 65,500 and 70,500 units.

You can see the full Harley-Davidson news release for its first quarter of 2019 by following this link.

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HOG stock was up slightly as of noon Tuesday.

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As of this writing, William White did not hold a position in any of the aforementioned securities.

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