New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 28, 2013
12:28 EDTHOGEarnings Preview: Harley-Davidson pulls back ahead of Q4 earnings
Harley-Davidson (HOG) is scheduled to report Q4 before the market open on Tuesday, January 29, with a conference call scheduled for 9:00 am ET. Harley-Davidson is a motorcycle manufacturer that produces heavyweight motorcycles and a complete line of motorcycle parts, accessories and general merchandise... EXPECTATIONS: Analysts are looking for EPS of 32c on revenue of $976.71M, according to First Call. The consensus range for EPS is 25c-42c on revenue of $911.72M-$1.01B... LAST QUARTER: Harley-Davidson reported Q3 EPS of 59c against estimates for 58c on revenue of $1.09B against estimates for $1.12B. The company said it planned to ship 245,000-250,000 motorcycles in 2012 and 44,500-49,500 motorcycles in Q4, consistent with previously announced plans to lower shipments in Q4 related to the implementation of surge production at York in 1H13. On its Q3 earnings conference call, Harley said it was "largely finished" with manufacturing restructuring. The company also forecast downward pressure on gross margins over the next few quarters as a result of the devaluation it is experiencing in most key currencies. Harley said it expected retail credit losses to increase over time... STREET RESEARCH: Citigroup said its Harley-Davidson dealer channel checks indicate the company's Q4 U.S. retail sales rose 6%-8%. Citi said dealer inventories likely increased slightly given better availability. RBC Capital believes that Harley-Davidson's retail sales are likely beating Street expectations. However, the firm added that the better than expected sales likely won't "move the needle" because Q4 is a seasonally small quarter... PRICE ACTION: Over the last three months, Harley-Davidson shares have advanced over 15%. Year-to-date, shares are up over 9%. Today, however, shares are down over 1%.
News For HOG From The Last 14 Days
Check below for free stories on HOG the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 16, 2014
11:26 EDTHOGHarley-Davidson May volatility slightly higher into Q1 and outlook
Subscribe for More Information
April 14, 2014
13:34 EDTHOGHarley-Davidson mentioned cautiously at ITG Research
ITG Research said Harley-Davidson's March was slower than it expected. The firm added that its U.S. retail sales estimate for Harley-Davidson's March quarter is down 1.2% versus the consensus of up 5.2%.
April 10, 2014
08:25 EDTHOGHarley-Davidson March performance looks extremely encouraging, says Longbow
Subscribe for More Information
April 8, 2014
07:20 EDTHOGIndian impact on Harley-Davidson may be bigger than expected, says UBS
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use