Harley-Davidson Beats EPS Estimates, Sees Growth in 2011

- Harley-Davidson Beats EPS Estimates, Sees Growth in 2011



Jul 19, 2011

Harley Davidson (NYSE:HOG) reported quarter results of $0.81 per share above consensus estimates of $0.71. Revenue for the quarter rose 18% year-over-year to $1.34 billion ahead of consensus estimates of $1.26 billion.

The Company raised shipment guidance for 2011 and now expects to ship 228,000 to 235,000 Harley-Davidson motorcycles to dealers and distributors worldwide, compared to guidance provided April 19, 2011 of 215,000 to 228,000 motorcycles. In the third quarter of 2011, the Company expects to ship 60,000 to 65,000 motorcycles. For all of 2010, the Company shipped 210,494 motorcycles.

Harley-Davidson is currently above its 50-day moving average (MA) of $38.24 and above its 200-day of $36.91.

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Harley-Davidson expects international sales to exceed 40% by 2014

- Harley-Davidson expects international sales to exceed 40% by 2014



May 19, 2011

Harley-Davidson (NYSE:HOG) announced the official opening of its Asia Pacific headquarters. The company expects that retail sales of new Harley-Davidson motorcycles outside of the U.S. will exceed 40% of the total by 2014. In 2010, international retail sales were 35.5% of the Company's total unit volume, with the Asia Pacific region accounting for 9.4% of Harley-Davidson's retail volume.

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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."