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
MU Earnings: Micron Q2 profit jumps on higher revenues, tops expectations
Semiconductor company Micron Technology Inc. (NASDAQ: MU) Thursday reported a sharp increase in revenues and earnings for the second quarter of 2025. Earnings also surpassed Wall Street's forecasts. The Idaho-headquartered
Darden Restaurants sees growth in FY25 and beyond amid menu, tech Innovations
Darden Restaurants, Inc. (NYSE: DRI) has successfully navigated the challenging market environment by constantly innovating its menu offerings and fostering customer loyalty. In the third quarter, sales and profit margin
What to look for when McCormick & Company (MKC) reports Q1 2025 earnings
Shares of McCormick & Company, Incorporated (NYSE: MKC) were down 1% on Thursday. The stock has gained 5% year-to-date. The spice giant is slated to report its first quarter 2025 earnings results
