** charts after earnings **
Harley-Davidson beats by $0.38, beats on revs
- Reports Q3 (Sep) earnings of $1.78 per share, $0.38 better than the S&P Capital IQ Consensus of $1.40; revenues rose 23.8% year/year to $1.44 bln vs the $1.36 bln S&P Capital IQ Consensus.
- Global motorcycle shipments grew 19 percent in Q3 vs prior year as production largely recovered from the previously announced unexpected production suspension in Q2
For the full year 2022, the Company reaffirms its guidance and continues to expect: HDMC revenue growth of 5 to 10%. HDMC operating income margin of 11 to 12%. HDFS operating income to decline by 20 to 25%. The Company now expects: Capital investments of $170 million to $190 million from a previously expected spend of $190 million to $220 million.
No comments:
Post a Comment