Harley-Davidson: Q1 Earnings Snapshot
By AP News
Published - Apr 25, 2024, 07:57 AM ET
Last Updated - May 27, 2024, 01:07 AM EDT
MILWAUKEE (AP) — MILWAUKEE (AP) — Harley-Davidson Inc. (HOG) on Thursday reported first-quarter profit of $234.9 million.
The Milwaukee-based company said it had net income of $1.72 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share.
The motorcycle maker posted revenue of $1.73 billion in the period. Its adjusted revenue was $1.48 billion, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $1.42 billion.
