Categories AlphaGraphs, Earnings, Industrials
Harley-Davidson (HOG) stock gains after Q2 results beat Street view
Harley-Davidson’s Shares (NYSE: HOG) rose sharply early Thursday after the superbike maker reported better-than-expected second-quarter results.
Second-quarter profit came in at $216 million or $1.46 per share, compared to $206.3 million or $1.33 per share last year. Analysts were looking for a year-over-year decline. The management reaffirmed its full-year 2022 guidance.
Meanwhile, consolidated revenue declined 4% to $1.47 billion during the three-month period, hurt by lower HDMC revenues and production suspension in the second half of May. However, the topline beat the consensus estimates.
Check this space to read management/analysts’ comments on Harley-Davidson’s Q3 results
Harley Davidson’s stock traded up 6% on Thursday afternoon. In the past twelve months, the stock lost about 8%.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Infographic: Key highlights from Disney’s (DIS) Q2 2024 earnings results
The Walt Disney Company (NYSE: DIS) reported second quarter 2024 earnings results today. Revenues increased 1% year-over-year to $22.1 billion. Net loss attributable to The Walt Disney Company was $20
Earnings Preview: Alibaba likely to report mixed results for Q4
Alibaba Group Holding Limited (NYSE: BABA) will be reporting fourth-quarter 2024 financial results next week. Over the years, the e-commerce giant successfully diversified its business and emerged as a major
A look at Tyson Foods’ (TSN) expectations for the remainder of FY2024
Shares of Tyson Foods, Inc. (NYSE: TSN) fell over 7% on Monday. The stock has gained 7% year-to-date. The company delivered mixed results for the second quarter of 2024, with