Harley-Davidson Inc. (HOG) said its fourth-quarter net loss was $218.70 million or $0.94 per share compared with a profit of $77.81 million or $0.34 per share in the prior year quarter.
Net loss from continuing operations was $147.2 million or $0.63 per share versus an income of $91.9 million or $0.40 per share in 2008.
On average, 12 analysts polled by Thomson Reuters expected loss per share of $0.32 for the quarter. Analysts' estimate typically excludes one-time items.
In the fourth-quarter of 2009, the company reported revenue of $764.5 million compared with $1.28 billion in the year-ago quarter, a 40.2% decline. Eleven analysts estimated revenues of $764.39 million for the quarter.
For 2010, the company expects to ship 201,000 - 212,000 Harley-Davidson motorcycles to dealers and distributors worldwide, a reduction of 5% - 10% from 2009. In the first quarter of 2010, Harley-Davidson expects to ship 52,000 - 57,000 motorcycles.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.