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Oil and Gas Energy News Update

Tuesday, April 19, 2011

Harley-Davidson Reports Mixed Q1, Misses EPS By $0.02, Revenue Up 2.5% YoY

Harley-Davidson Reports Mixed Q1, Misses EPS By $0.02, Revenue Up 2.5% YoY



Apr 19, 2011

Harley-Davidson (NYSE:HOG) reported Q1 EPS of $0.51 today, missing the consensus estimate for $0.53 per share. Revenue for the quarter was up 2.5% year-over-year to $1.06 billion, beating the consensus estimate for $1.05 billion.

Harley-Davidson, Inc. President and CEO Keith Wandell said, "We are pleased by the growth of our dealers' new motorcycle sales on a worldwide basis, led by strength in Europe, even as we continue to encounter some headwinds in the U.S. related to the challenging macro-economic conditions."

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