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Shares of Harley-Davidson (NYSE:HOG) rose 7.1% in pre-market trading after the company reported Q3 results.
Quarterly Results
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Earnings per share increased 50.00% year over year to $1.05, which may not compare to the estimate of $0.28.
Revenue of $964,029,000 decreased by 9.82% year over year, which beat the estimate of $862,050,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
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Harley-Davidson hasn't issued any revenue guidance for the time being.
Price Action
Company's 52-week high was at $40.86
52-week low: $14.31
Price action over last quarter: Up 15.08%
Company Overview
Harley-Davidson is a global leading manufacturer of heavyweight motorcycles, merchandise, parts, and accessories. It sells custom, cruiser, and touring motorcycles and offers a complete line of Harley-Davidson motorcycle parts, accessories, riding gear, and apparel, as well as merchandise. Harley-Davidson Financial Services provides wholesale financing to dealers and retail financing and insurance brokerage services to customers. Harley has historically captured about half of all heavyweight domestic retail motorcycle registrations. We expect the firm will expand into middleweight markets in 2021.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.