Benzinga | Oct 27, 2020 07:46AM EDT

Harley-Davidson: Q3 Earnings Insights

Shares of Harley-Davidson (NYSE:HOG) rose 7.1% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 50.00% year over year to $1.05, which may not compare to the estimate of $0.28.

Revenue of $964,029,000 decreased by 9.82% year over year, which beat the estimate of $862,050,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Harley-Davidson hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $40.86

52-week low: $14.31

Price action over last quarter: Up 15.08%

Company Overview

Harley-Davidson is a global leading manufacturer of heavyweight motorcycles, merchandise, parts, and accessories. It sells custom, cruiser, and touring motorcycles and offers a complete line of Harley-Davidson motorcycle parts, accessories, riding gear, and apparel, as well as merchandise. Harley-Davidson Financial Services provides wholesale financing to dealers and retail financing and insurance brokerage services to customers. Harley has historically captured about half of all heavyweight domestic retail motorcycle registrations. We expect the firm will expand into middleweight markets in 2021.