Harley-Davidson Earnings Preview
Investors hope Harley-Davidson (NYS: HOG) will top analyst estimates once again after beating predictions by $0.11 in the previous quarter. The company will unveil its latest earnings on Tuesday. Harley-Davidson manufactures motorcycles as well as motorcycle parts and accessories.
What analysts say:
- Buy, sell, or hold?: The majority of analysts back Harley-Davidson as a buy. But with 60% of analysts rating it a buy, Harley-Davidson is still below the mean analyst rating of its nearest nine competitors, which average 80% buys. Analysts still rate the stock a moderate buy, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $1.29 billion in revenue this quarter. That would represent a rise of 18.3% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.74 per share. Estimates range from $0.60 to $0.81.
What our community says:
CAPS All-Stars are solidly backing the stock with 84.8% assigning it an outperform rating. The community at large agrees with the All-Stars with 78.1% awarding it a rating of outperform. Fools are keen on Harley-Davidson and haven't been shy with their opinions lately, logging 925 posts in the past 30 days. Harley-Davidson's bearish CAPS rating of two out of five stars falls short of the Fool community sentiment.
The company's revenue has now risen for two straight quarters.
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At the time this article was published
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