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Harley-Davidson Profit Declines In Q4

Harley-Davidson (HOG) announced earnings for fourth quarter that dropped from last year.

The company said its profit came in at $8.31 million, or $0.05 per share. This was lower than $47.18 million, or $0.27 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.46 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 12.9% to $1.05 billion. This was up from $0.93 billion last year.

Harley-Davidson earnings at a glance:

-Earnings (Q4): $8.31 Mln. vs. $47.18 Mln. last year.
-Earnings Decline (Y-o-Y): -82.4%
-EPS (Q4): $0.05 vs. $0.27 last year.
-EPS Decline (Y-o-Y): -81.5%
-Analysts Estimate: $0.46
-Revenue (Q4): $1.05 Bln vs. $0.93 Bln last year.
-Revenue Change (Y-o-Y): 12.9%

by RTT Staff Writer

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