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Harley-Davidson Q3 adjusted earnings Beat Estimates

Harley-Davidson (HOG) released a profit for third quarter that declined from the same period last year.

The company's earnings totaled $86.56 million, or $0.55 per share. This compares with $113.86 million, or $0.68 per share, in last year's third quarter.

Excluding items, Harley-Davidson reported adjusted earnings of $110.19 million or $0.70 per share for the period.

Analysts had expected the company to earn $0.52 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 4.5% to $1.07 billion from $1.12 billion last year.

Harley-Davidson earnings at a glance:

-Earnings (Q3): $110.19 Mln. vs. $137.60 Mln. last year.
-EPS (Q3): $0.70 vs. $0.82 last year.
-Analysts Estimate: $0.52
-Revenue (Q3): $1.07 Bln vs. $1.12 Bln last year.

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