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UPDATE: Harley-Davidson Q3 Profit Surges 21%

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Harley-Davidson (NYSE: HOG) reported a 21% rise in its third-quarter earnings.

Harley's quarterly profit surged to $162.7 million, or $0.73 per share, from $134 million, or $0.59 per share, in the year-ago period.

Its revenue rose 8.4% to $1.18 billion. However, analysts were expecting earnings of $0.73 per share on revenue of $1.17 billion.

Harley's motorcycle shipments gained 2.3% to 54,025.

Harley shares gained 2.21% to $67.00 in pre-market trading.

Posted-In: profitEarnings News

 

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