Companies and Brands
What to Expect From Harley-Davidson Earnings
Published:
Last Updated:
Before markets open Tuesday morning, Harley-Davidson Inc. (NYSE: HOG) is scheduled to report third-quarter results, and analysts expect a seventh consecutive quarterly beat. Consensus estimates call for earnings per share (EPS) of $0.78 on revenues of $1.21 billion, beating the year ago totals of $0.69 in EPS and revenues of $1.13 billion.
The motorcycle maker’s stock currently has consensus rating of Hold and a consensus price target of $65.23, according to Thomson/First Call. Some recent ratings announcements include:
The company has recalled a total of about 312,000 bikes so far in 2015, up from 210,000 in all of 2014, according to a report at The Wall Street Journal. In the previous 10 years, the company averaged about 94,000 recalls a year. Recalls have cost the company about $10 million on average in each of the past three years.
The company said in July that it expects to ship 54,000 to 59,000 motorcycles in the third, compared to 50,670 motorcycles shipped in the year-ago period, and continues to expect full-year 2015 operating margin of approximately 18% to 19% for the motorcycles segment. Full-year sales were forecast at 276,000 to 281,000 motorcycles worldwide.
Shares traded up less than 2% midday Monday, at $56.10 in a 52-week range of $50.64 to $70.41.
ALSO READ: 10 Cars Most Likely to Be Dumped
Retirement planning doesn’t have to feel overwhelming. The key is finding professional guidance—and we’ve made it easier than ever for you to connect with the right financial advisor for your unique needs.
Here’s how it works:
1️ Answer a Few Simple Questions
Tell us a bit about your goals and preferences—it only takes a few minutes!
2️ Get Your Top Advisor Matches
This tool matches you with qualified advisors who specialize in helping people like you achieve financial success.
3️ Choose Your Best Fit
Review their profiles, schedule an introductory meeting, and select the advisor who feels right for you.
Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.