Harley-Davidson Trades Lower On Weak Q4 Sales

Harley-Davidson HOG shares are trading lower after the company reported motorcycle segment sales and consolidated revenue results down from last year's results.

The company reported fourth-quarter earnings of 20 cents per share, which beat the analyst consensus estimate of 9 cents. This is a 17.65% increase over earnings of 17 cents per share from the same period last year.

Harley-Davidson's motorcycle segment reported quarterly sales of $874.1 million, while consolidated revenue came in at $1.07 billion.

The company sees fiscal year 2020 Sales $4.53-$4.66 billion versus the $4.65 billion estimate.

Harley-Davidson shares were trading down 6.2% at $32.66 in Tuesday’s pre-market session. The stock has a 52-week high of $41.40 and a 52-week low of $30.17.

Related Links:

Harley-Davidson Trades Higher On Q3 Earnings Beat

Harley-Davidson Reports Mixed Q2 Earnings

Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...