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Harley-Davidson (HOG) Beats on Q1 Earnings, Scraps '20 View
Harley-Davidson, Inc. HOG reported earnings per share of 45 cents in first-quarter 2020, surpassing the Zacks Consensus Estimate of 40 cents. This outperformance resulted from solid revenues in the company’s Financial Services segment. Sales in the Financial Services segment totaled $198.4 million, topping the consensus mark of $194 million.
The bottom-line figure, however, declined from the prior-year’s 80 cents per share.
The company’s net income amounted to $69.7 million compared with the year-ago quarter’s $127.9 million.
Total revenues from Motorcycle and Related products, which form the bulk of overall revenues of the firm, declined 8% year over year to $1099.8 million in the reported quarter. However, the top line surpassed the Zacks Consensus Estimate of $1,017 million. The company reported consolidated revenues (including motorcycle sales and financial services revenues) of $1.30 billion, down 5.8% year over year.
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https://finance.yahoo.com/news/harley-da...01242.html
![[Bild: HOGc1dl1457.png]](https://finviz.com/publish/042820/HOGc1dl1457.png)
Harley-Davidson, Inc. HOG reported earnings per share of 45 cents in first-quarter 2020, surpassing the Zacks Consensus Estimate of 40 cents. This outperformance resulted from solid revenues in the company’s Financial Services segment. Sales in the Financial Services segment totaled $198.4 million, topping the consensus mark of $194 million.
The bottom-line figure, however, declined from the prior-year’s 80 cents per share.
The company’s net income amounted to $69.7 million compared with the year-ago quarter’s $127.9 million.
Total revenues from Motorcycle and Related products, which form the bulk of overall revenues of the firm, declined 8% year over year to $1099.8 million in the reported quarter. However, the top line surpassed the Zacks Consensus Estimate of $1,017 million. The company reported consolidated revenues (including motorcycle sales and financial services revenues) of $1.30 billion, down 5.8% year over year.
...
https://finance.yahoo.com/news/harley-da...01242.html
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