08.02.2024 13:02:56

Harley-Davidson Profit Falls In Q4, but beats estimates

(RTTNews) - Harley-Davidson (HOG) revealed earnings for fourth quarter that decreased from last year but beat the Street estimates.

The company's earnings totaled $25.81 million, or $0.18 per share. This compares with $41.87 million, or $0.28 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $0.03 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 13.8% to $791.65 million from $918.68 million last year.

Harley-Davidson earnings at a glance (GAAP) :

-Earnings (Q4): $25.81 Mln. vs. $41.87 Mln. last year. -EPS (Q4): $0.18 vs. $0.28 last year. -Analyst Estimates: $0.03 -Revenue (Q4): $791.65 Mln vs. $918.68 Mln last year.

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Harley-Davidson Inc. 31,75 0,44% Harley-Davidson Inc.