Harley-Davidson (HOG - Free Report) reported $1.31 billion in revenue for the quarter ended September 2023, representing a year-over-year decline of 9.2%. EPS of $1.38 for the same period compares to $1.78 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.36 billion, representing a surprise of -4.22%. The company delivered an EPS surprise of -0.72%, with the consensus EPS estimate being $1.39.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Harley-Davidson performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Worldwide Retail Sales of Harley-Davidson Motorcycles - Total: 41,658 versus 49,126 estimated by three analysts on average.
- Worldwide Retail Sales of Harley-Davidson Motorcycles - United States: 25,336 versus 29,899 estimated by three analysts on average.
- Worldwide Retail Sales of Harley-Davidson Motorcycles - Canada: 2,010 compared to the 2,095 average estimate based on three analysts.
- Worldwide Retail Sales of Harley-Davidson Motorcycles - Total EMEA: 7,847 versus 8,857 estimated by three analysts on average.
- Revenue- Motorcycles and related products/ HDMC revenue- Licensing: $10 million compared to the $10.52 million average estimate based on four analysts. The reported number represents a change of -9.1% year over year.
- Revenue- Live Wire: $8.14 million versus the four-analyst average estimate of $14.11 million.
- Revenue- Motorcycles and related products/ HDMC revenue: $1.30 billion versus the four-analyst average estimate of $1.37 billion. The reported number represents a year-over-year change of -9.7%.
- Revenue- Motorcycles and related products/ HDMC revenue- Other: $30 million versus the four-analyst average estimate of $19.57 million. The reported number represents a year-over-year change of +36.4%.
- Revenue- Motorcycles and related products/ HDMC revenue- Motorcycles: $1.02 billion versus $1.04 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -9.8% change.
- Revenue- Motorcycles and related products/ HDMC revenue- Parts & Accessories: $185 million compared to the $206.27 million average estimate based on four analysts. The reported number represents a change of -8% year over year.
- Revenue- Motorcycles and related products/ HDMC revenue- Apparel: $49 million versus the four-analyst average estimate of $77.21 million. The reported number represents a year-over-year change of -30%.
- Revenue- Financial services/ HDFS revenue: $243.93 million compared to the $226.01 million average estimate based on four analysts. The reported number represents a change of +15.1% year over year.
View all Key Company Metrics for Harley-Davidson here>>>Shares of Harley-Davidson have returned -11.1% over the past month versus the Zacks S&P 500 composite's -3.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Harley-Davidson (HOG - Free Report) reported $1.31 billion in revenue for the quarter ended September 2023, representing a year-over-year decline of 9.2%. EPS of $1.38 for the same period compares to $1.78 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.36 billion, representing a surprise of -4.22%. The company delivered an EPS surprise of -0.72%, with the consensus EPS estimate being $1.39.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Harley-Davidson performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Worldwide Retail Sales of Harley-Davidson Motorcycles - Total: 41,658 versus 49,126 estimated by three analysts on average.
- Worldwide Retail Sales of Harley-Davidson Motorcycles - United States: 25,336 versus 29,899 estimated by three analysts on average.
- Worldwide Retail Sales of Harley-Davidson Motorcycles - Canada: 2,010 compared to the 2,095 average estimate based on three analysts.
- Worldwide Retail Sales of Harley-Davidson Motorcycles - Total EMEA: 7,847 versus 8,857 estimated by three analysts on average.
- Revenue- Motorcycles and related products/ HDMC revenue- Licensing: $10 million compared to the $10.52 million average estimate based on four analysts. The reported number represents a change of -9.1% year over year.
- Revenue- Live Wire: $8.14 million versus the four-analyst average estimate of $14.11 million.
- Revenue- Motorcycles and related products/ HDMC revenue: $1.30 billion versus the four-analyst average estimate of $1.37 billion. The reported number represents a year-over-year change of -9.7%.
- Revenue- Motorcycles and related products/ HDMC revenue- Other: $30 million versus the four-analyst average estimate of $19.57 million. The reported number represents a year-over-year change of +36.4%.
- Revenue- Motorcycles and related products/ HDMC revenue- Motorcycles: $1.02 billion versus $1.04 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -9.8% change.
- Revenue- Motorcycles and related products/ HDMC revenue- Parts & Accessories: $185 million compared to the $206.27 million average estimate based on four analysts. The reported number represents a change of -8% year over year.
- Revenue- Motorcycles and related products/ HDMC revenue- Apparel: $49 million versus the four-analyst average estimate of $77.21 million. The reported number represents a year-over-year change of -30%.
- Revenue- Financial services/ HDFS revenue: $243.93 million compared to the $226.01 million average estimate based on four analysts. The reported number represents a change of +15.1% year over year.
View all Key Company Metrics for Harley-Davidson here>>>Shares of Harley-Davidson have returned -11.1% over the past month versus the Zacks S&P 500 composite's -3.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>
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