Harley-Davidson: Q1 Earnings Snapshot

MILWAUKEE (AP) — MILWAUKEE (AP) — Harley-Davidson Inc. (HOG) on Thursday reported first-quarter profit of $234.9 million.

The Milwaukee-based company said it had net income of $1.72 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share.

The motorcycle maker posted revenue of $1.73 billion in the period. Its adjusted revenue was $1.48 billion, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $1.42 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HOG at https://www.zacks.com/ap/HOG

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up