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

📆 26/10/2023 12:14:00
📰 MarketWatch

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

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

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.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Escrever Comentário

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

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

Mattel Stock Falls After Beat-and-Raise EarningsDoll sales grew 24% year over year in the latest quarter, the company said.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »