Harley-Davidson (HOG) announced earnings for first quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings came in at $133.10 million, or $1.07 per share. This compares with $234.94 million, or $1.72 per share, last year.
Analysts on average had expected the company to earn $0.77 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 26.8% to $1.081 billion from $1.476 billion last year.
Harley-Davidson earnings at a glance (GAAP) :
-Earnings: $133.10 Mln. vs. $234.94 Mln. last year.
-EPS: $1.07 vs. $1.72 last year.
-Revenue: $1.081 Bln vs. $1.476 Bln last year.
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