LOADING

Type to search

Harley News: HOG post higher-than-expected profits

News

Harley News: HOG post higher-than-expected profits

Share

Harley-Davidson Inc posted a stronger-than-expected quarterly profit today, lifted by strong sales growth outside its core North American market.

The U.S. motorcycle maker reported first-quarter net income of $265.9 million, or $1.21 a share, up from $224.1 million, or 99 cents a share, a year earlier.

Analysts on average had expected the Milwaukee-based company to report a profit of $1.08 a share, according to Thomson Reuters I/B/E/S.

Sales rose 10.2 percent to $1.73 billion, the company said.

Tags:
Press Release

This is a submitted Press Release and posted as-is. American Iron Magazine cannot confirm or deny information or claims made within Press Releases, and does not necessarily endorse these product or services.

  • 1

Next Up