Harley-Davidson Q4 GAAP EPS $0.18 Beats $0.03 Estimate, Sales (HDMC+LiveWire) $807.00M Miss $882.32M Estimate
Portfolio Pulse from Benzinga Newsdesk
Harley-Davidson (NYSE:HOG) reported Q4 GAAP EPS of $0.18, surpassing the $0.03 estimate, but its sales of $807.00M fell short of the $882.32M estimate. This represents a 35.71% decrease in earnings and a 13.03% decrease in sales from the same period last year.
February 08, 2024 | 11:55 am
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Harley-Davidson's Q4 earnings surpassed expectations with an EPS of $0.18 against a $0.03 estimate, but sales missed the mark at $807M vs. an $882.32M estimate.
While Harley-Davidson's earnings per share significantly exceeded analyst expectations, the miss on sales forecasts could temper investor enthusiasm. The mixed results—better-than-expected earnings but lower-than-expected sales—suggest a neutral short-term impact on the stock price. The decrease in both earnings and sales from the previous year indicates potential challenges in growth, which investors will need to monitor.
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