HOG Stock Recent News

The headline numbers for Harley-Davidson (HOG) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Harley-Davidson (HOG) came out with quarterly earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $2.04 per share a year ago.

Harley-Davidson Inc.'s stock HOG, -0.75% was up by 2.7% in premarket trading on Thursday after the motorcycle maker's first-quarter profit topped analyst estimates on a boost in North American sales. Harley's net income for the three months ended March 31 fell to $234.94 million, or $1.72 a share, from $304.09 million, or $2.04 a share, in the year-ago quarter.

Harley-Davidson (HOG) jumps after D.A. Davidson's dealer checks show retail sales growth.

Harley-Davidson (HOG) reports better-than-expected fourth-quarter 2023 earnings. In 2024, it expects revenues from HDMC to be flat to down 9%.

Harley-Davidson, Inc. (HOG) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Harley-Davidson (HOG) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Harley-Davidson (HOG) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.28 per share a year ago.

Shares of Harley-Davidson Inc. HOG, +1.11% rose 1% in premarket trading Thursday, after the motorcycle maker beat fourth-quarter profit expectations by a wide margin, even as motorcycle shipments continued to fall due to “prudent” dealer inventory management and market conditions. Net income dropped to $25.8 million, or 18 cents a share, from $41.9 million, or 28 cents a share, in the year-ago period.

Harley-Davidson reported a 38% fall in fourth-quarter profit on Thursday, hurt by slowing demand for motorcycles in North America as consumers cut back spending on pricier leisure purchases amid sticky inflation.