On Tuesday, January 28, Harley-Davidson (NYSE: HOG) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Based on management's projections, Harley-Davidson analysts model for earnings of 9 cents per share on sales of $918.54 million.
In the same quarter last year, Harley-Davidson reported earnings per share of 17 cents on sales of $955.63 million. The analyst consensus estimate would represent a 47.06% decline in the company's EPS figure. Sales would be down 3.88% from the year-ago period. Harley-Davidson's reported EPS has stacked up against analyst estimates in the past like this:
|Quarter||Q3 2019||Q2 2019||Q1 2019||Q4 2018|
Over the past 52-week period, shares of Harley-Davidson have declined 3.48%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Over the past 90 days, analysts have adjusted their estimates lower for EPS and revenues. The popular rating by analysts on Harley-Davidson stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Don't be surprised to see the stock move on comments made during its conference call. Harley-Davidson is scheduled to hold the call at 9:00 a.m. ET and can be accessed here: http://investor.harley-davidson.com/events/event-details/q4-2019-harley-davidson-earnings-conference-call