earnings
confidence high
sentiment neutral
materiality 0.75
Harley-Davidson Q2 EPS rises 10% to $1.46; revenue down 4% on production suspension
HARLEY-DAVIDSON, INC.
2022-Q2 EPS reported
$2.91
revenue$2,964,273,000
- GAAP diluted EPS of $1.46, up 10% YoY; net income $216M, up 5%.
- Consolidated revenue $1.47B, down 4% YoY; HDMC revenue down 5%.
- Motorcycle shipments fell 15% due to two-week production suspension at third-party supplier.
- Retail motorcycle sales down 23% worldwide; HDMC operating margin improved to 15.1%.
- Company reaffirms 2022 outlook; LiveWire SPAC merger expected to close Sept 26.