Harley-Davidson earnings drop 24% as sales dip, but stock rises as company beats forecast

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.

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 $199 million, or $1.38 a share, from $261 million, or $1.

78 a share, in the year-ago quarter. Analysts expected the motorcycle maker to earn $1.36 a share, according to FactSet consensus estimates. Revenue fell to $1.549 billion from $1.649 billion, but beat the analyst estimate of $1.356 billion. The company said its custom motorcycle business booked a 25% sales increase.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 3. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Thank Barbie. Mattel Raises Guidance as Earnings Beat Forecasts.Doll sales grew 24% year over year in the latest quarter, the company said.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

Mattel Stock Falls After Beat-and-Raise EarningsDoll sales grew 24% year over year in the latest quarter, the company said.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »