Harley-Davidson profit slumps on sluggish demand

01:55pm, Thursday, 26'th Oct 2023
Harley-Davidson posted a 24% dip in third-quarter profit as customers cut back on discretionary spending due to higher borrowing costs and inflationary pressures.
Although the revenue and EPS for Harley-Davidson (HOG) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with W
Harley-Davidson (NYSE:HOG) shares tumbled more than 10% after the motorcycle maker's third quarter sales and profits missed Wall Street estimates. Higher interest rates and inflationary pressures cont
Harley-Davidson (HOG) came out with quarterly earnings of $1.38 per share, missing the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.78 per share a year ago.
Harley-Davidson Inc.'s stock HOG, -1.40% rose 0.8% in premarket trading Thursday after the company beat analyst forecasts for profit and revenue. Harley-Davidson's third-quarter net income fell 24% to
F, HOG, LKQ, OSK, and LEA are slated to release their Q3 results tomorrow. Our model anticipates an earnings beat for all companies except LKQ.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Harley-Davidson (HOG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
With inflation easing and the Fed going slightly easy on the pace of its interest rate hikes, market sentiment is improving.

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Harley-Davidson Inc. HOG said Wednesday its board has approved an additional share buyback authorization of up to 10 million shares. The new authorization is on top of the existing program, which had
Shares of Harley-Davidson Inc. HOG, -1.07% was indicated down about 0.2% in premarket trading Tuesday, in the wake of the motorcycle maker's recall of more than 65,000 motorcycles to fix rear shock ab

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Chewy has no debt, and management expects revenue growth of 10% to 12%. Harley-Davidson is trading near a basement-low price-to-earnings ratio.
Schaeffer's Options Advisor subscribers saw a 100% profit with our Harley-Davidson Inc   (NYSE:HOG) November 39 put in less than a month.
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