38.08 -0.84 (-2.16%)
Pre-Market: 6:02AM EDT
|Bid||37.11 x 900|
|Ask||0.00 x 800|
|Day's Range||38.13 - 40.31|
|52 Week Range||31.36 - 46.79|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||12.20|
|Earnings Date||Jul 22, 2019 - Jul 26, 2019|
|Forward Dividend & Yield||1.50 (4.21%)|
|1y Target Est||39.21|
Harley Davidson's stock under pressure after surging past expectations, however, the bigger picture is that the company's profit dropped nearly 27% from a year ago. The company blaming its drop on tariffs and struggles to get younger buyers. Yahoo Finance's Jared Blikre joins Seana Smith.
Harley-Davidson is trading higher today after its earnings report beat expectations for the first quarter. The motorcycle company is also reporting a 27% drop in profit. Here's Yahoo Finance's Myles Udland, Dan Roberts and Melody Hahm discussing one of today's top trending tickers.
Harley-Davidson's stock fell Tuesday despite stronger-than-expected earnings. CNBC's Morgan Brennan reports on what CEO Matthew Levatich had to say about earnings, sales and tariffs in Europe.
President Donald Trump on Tuesday met with Twitter’s chief executive after taking his latest swipe at the company for what he says is unfair treatment, as he vowed to “reciprocate” against the European Union in the wake of Harley-Davidson’s report of a profit drop in the first quarter.
Did Trump’s Warnings to the EU Worry Fiat Chrysler Investors?(Continued from Prior Part)Fiat Chrysler stockOn April 23, shares of Fiat Chrysler Automobiles (FCAU) fell about 5.0% despite the broader market’s optimism. Media reports suggesting an
On the heels of another presidential tweet Tuesday, Harley-Davidson Inc. president and CEO Matt Levatich said in terms of the tariffs harming the motorcycle company's business, "nothing has changed."
HOG Gives Trump a Reason to Escalate US-EU Trade Tensions(Continued from Prior Part)Harley-Davidson’s first-quarter report Earlier today, Harley-Davidson (HOG), the world’s most popular heavyweight motorcycle maker, announced its first-quarter
HOG Gives Trump a Reason to Escalate US-EU Trade TensionsHarley-Davidson’s first-quarter earnings On April 23 before the market opened, legacy motorcycle maker Harley-Davidson (HOG) reported its first-quarter earnings results. In the quarter, the
Check out the companies making headlines midday Tuesday:Coca-Cola KO — The soda-maker's stock rose 1.7% after the company reported better-than-expected quarterly results. Coca-Cola said its earnings were boosted by sales of water, sports drinks and zero-sugar beverages .
Trade disputes have certainly had an effect in the short run, but it seems like an easy scapegoat for a business that has been faltering for years. The company's sales revenue had hit a plateau long before President Trump began his tariff war, and while much of the blame for this morning's earnings fell on Europe, Harley-Davidson's sales within its own domestic market have been weakening for a while. First quarter results included weak performance in Motorcycle revenue, only slightly offset by improvements in financing revenues.
Harley-Davidson reported a decline in motorcycles sales in the U.S. and abroad as it continues to adapt to an aging clientele while navigating the costs of higher tariffs on its motorcycles shipped overseas. Harley-Davidson has been trying to make up for declining U.S. ridership by targeting overseas markets, a plan which has been hamstrung by the recent tariff wars. Harley-Davidson said it shipped 58,891 motorcycles in the first quarter compared with 63,944 a year ago.
Shares in the Milwaukee-based firm, buffeted by Trump's rows with Europe and China over tariffs, surged as much as 4 percent after the president called the European Union's treatment of the company "unfair" and vowed to reciprocate. The company also posted profit for the first quarter that was more than 30 cents per share ahead of expectations, but reported continuing declines in sales that analysts said did not change an overall difficult picture for Harley. Harley's shares, which have suffered from the company's struggle in the past decade to attract younger fans as core customers won on the back of its 1960s and 70s heyday grow older, were flat by mid-morning.
Harley-Davidson Inc. just posted its slowest U.S. sales decline since December 2016, which qualifies as a win for the struggling motorcycle maker. This afternoon, eBay and Snap report earnings.
Harley-Davidson news for Tuesday includes the release of the company's earnings report for the first quarter of 2019.Source: Shutterstock 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. * 10 High-Yielding Dividend Stocks That Won't Wilt You can see the full Harley-Davidson news release for its first quarter of 2019 by following this link.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHOG stock was up slightly as of noon Tuesday. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Yielding Dividend Stocks That Won't Wilt * 4 Energy Stocks Soaring as Trump Tightens on Iran * 7 Tech Stocks With Too Much Risk, Not Enough Upside As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Harley-Davidson News: 11 Things to Know About HOG Stock Earnings appeared first on InvestorPlace.
Harley’s approach to mitigating the impact of higher tariffs implemented by the European Union landed the iconic American company in Trump’s doghouse last year. Rather than attack Harley, as he did throughout 2018, Trump aimed his ire at the EU shortly after the Milwaukee-based company reported earnings Tuesday. Trump’s post was an about-face from last June, when he accused Harley of using tariffs as an excuse to ship American jobs overseas.
Earnings obsessed? Our call of the day urges investors to move past what will likely be an uninspiring quarter or two of corporate results, and start thinking about how to preserve their investment gains in a market that has already risen strongly this year.
posted weaker-than-expected first quarter earnings Tuesday as tariffs and trade disputes hit global sales for the iconic motorcycle maker, but shares got a short-term boost from a Tweet from President Donald Trump. Harley-Davidson said earnings for the three months ending in March came in at 80 cents per share, down 8% from the same period last year and 7 cents shy of the consensus forecast. "Harley Davidson has struggled with Tariffs with the EU, currently paying 31%.
Harley-Davidson's (HOG) first-quarter earnings surpass the Zacks Consensus Estimate while revenues narrowly misses the same.