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Harley-Davison (HOG) Q4 Earnings & Revenues Miss Estimates
HOG adjusted earnings per share broke even in fourth-quarter 2018, which missed the Zacks Consensus Estimate of 17 cents. In the prior-year quarter, the figure was 54 cents.
The company’s net income was $0.5 million compared with $8.3 million registered a year ago.
Revenues from the Motorcycle and Related Products segment declined 8.7% year over year to $955.6 million in the reported quarter, which missed the Zacks Consensus Estimate of $1.05 billion. The company also reported consolidated revenues of $1.15 billion, marking a decline from the prior year’s $1.23 billion. This fall was majorly due to the declining motorcycle demand in the United States.
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![[Bild: HOGc1dl1402.png]](https://finviz.com/publish/012919/HOGc1dl1402.png)
HOG adjusted earnings per share broke even in fourth-quarter 2018, which missed the Zacks Consensus Estimate of 17 cents. In the prior-year quarter, the figure was 54 cents.
The company’s net income was $0.5 million compared with $8.3 million registered a year ago.
Revenues from the Motorcycle and Related Products segment declined 8.7% year over year to $955.6 million in the reported quarter, which missed the Zacks Consensus Estimate of $1.05 billion. The company also reported consolidated revenues of $1.15 billion, marking a decline from the prior year’s $1.23 billion. This fall was majorly due to the declining motorcycle demand in the United States.
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