Earnings Preview: Harley-Davidson
Portfolio Pulse from Benzinga Insights
Harley-Davidson (NYSE:HOG) is scheduled to release its quarterly earnings report on February 8, 2024, with analysts estimating an EPS of $0.03. The company's past earnings performance shows mixed results with both beats and misses compared to estimates, leading to varied stock price reactions. Shares have declined 29.46% over the last 52 weeks, indicating potential concern among long-term shareholders ahead of the earnings announcement.
February 07, 2024 | 3:02 pm
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Harley-Davidson is expected to report an EPS of $0.03 for the latest quarter. The company's stock has been under pressure, with a 29.46% decline over the past year. Past earnings have shown mixed results, affecting stock price movements.
Given Harley-Davidson's mixed past earnings performance and the significant decline in stock price over the past year, the upcoming earnings report is crucial. However, the exact impact on the stock price will depend on whether the company meets or exceeds the EPS estimate and provides positive guidance for the future. The historical data suggests that the company's stock price can be sensitive to earnings announcements, but predicting the direction of the movement is challenging without knowing the actual results and guidance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100