Benzinga | Jul 28, 2020 10:03AM EDT

Harley-Davidson: Q2 Earnings Insights

Shares of Harley-Davidson (NYSE:HOG) fell 8% after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 123.97% year over year to ($0.35), which may not compare to the estimate of $0.08.

Revenue of $669,274,000 declined by 53.33% year over year, which missed the estimate of $829,940,000.

Looking Ahead

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

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

Details Of The Call

Date: Jul 28, 2020

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/phbyj7rf

Price Action

52-week high: $40.89

Company's 52-week low was at $14.31

Price action over last quarter: Up 20.16%

Company Profile

Harley-Davidson is the world's 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 captures about half of all heavyweight domestic retail motorcycle registrations. We expect the firm will be present in electric, middleweight, and small-displacement markets by 2021.