Harley-Davidson Q3 EPS $1.38 Beats $1.36 Estimate, Sales $1.30B Miss $1.36B Estimate
Portfolio Pulse from Benzinga Newsdesk
Harley-Davidson reported Q3 earnings of $1.38 per share, beating the analyst consensus estimate of $1.36 by 1.47%. However, this is a 22.47% decrease from last year's earnings. The company's quarterly sales of $1.30 billion missed the analyst consensus estimate of $1.36 billion by 4.63%, marking a 9.74% decrease from last year.
October 26, 2023 | 10:55 am
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Harley-Davidson's Q3 earnings beat estimates but are lower than last year. Sales missed estimates and are also down from last year.
Harley-Davidson's earnings beat estimates, which is positive. However, the decrease in earnings and sales compared to last year, as well as the missed sales estimates, are negative signals that could impact the stock negatively.
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