Categories AlphaGraphs, Earnings, Industrials

Harley-Davidson (HOG) Q1 profit rises on strong revenue growth

Motorcycle manufacturer Harley-Davidson (NYSE: HOG) on Thursday reported double-digit growth in revenues and net profit for the first quarter of 2023.

Harley-Davidson’s Q1 2023 earnings infographic

Net income rose sharply to $304 million or $2.04 per share in the March quarter from $223 million or $1.45 per share in the comparable period of last year.

Driving earnings growth, total revenues including the financial services division advanced 20% year-over-year to $1.79 billion during the three-month period. There was a 14% growth in motorcycle shipments to 62,237 units.

Prior Performance

  • Harley-Davidson-Q4-2022-Earnings-Infographic
  • Harley-Davidson-Q3-2022-Earnings-Infographic
  • Harley-Davidson Q2 2022 earnings infographic
  • Harley-Davidson Q1 2022 Earnings Infographic

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