Harley-Davidson (HOG) Tops Q1 EPS by 64c

Harley-Davidson (NYSE: HOG) reported Q1 EPS of $2.04, $0.64 better than the analyst estimate of $1.40. Revenue for the quarter came in at $1.79 billion, may not compare versus the consensus estimate of $1.36 billion.

For the full year 2023, the Company reaffirms its initial guidance and continues to expect:

• HDMC: revenue growth of 4 to 7% and operating income margin of 14.1 to 14.6%
• HDFS: operating income decline of 20 to 25%
• LiveWire: motorcycle unit sales of 750–2,000 and operating loss of $115 to $125 million
• Harley-Davidson, Inc.: capital investments of $225 to $250 million

For earnings history and earnings-related data on Harley-Davidson (HOG) click here.

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