earnings
confidence high
sentiment positive
materiality 0.90
Harley-Davidson Q3 EPS $1.78 (+70% YoY); revenue $1.65B (+21%); HDMC margin 17.9%
HARLEY-DAVIDSON, INC.
2022-Q3 EPS reported
$4.68
revenue$4,612,848,000
- Consolidated revenue $1.65B (+21% YoY); GAAP diluted EPS $1.78 (up 70% from $1.05).
- HDMC revenue +24%, operating margin 17.9% (+9.5 pts) on 19% higher shipments and pricing.
- HDFS operating income fell 24% to $81M due to higher credit loss provision and interest expense.
- Reaffirmed FY2022 outlook: HDMC revenue +5-10%, HDMC margin 11-12%, HDFS OpInc -20 to -25%.
- LiveWire business combination closed Sep 26; HD retains 89.4% stake; capital investments guided to $170-190M.