Categories AlphaGraphs, Earnings, Industrials
Harley-Davidson (HOG) stock gains after Q2 results beat Street view
Harley-Davidson’s Shares (NYSE: HOG) rose sharply early Thursday after the superbike maker reported better-than-expected second-quarter results.
Second-quarter profit came in at $216 million or $1.46 per share, compared to $206.3 million or $1.33 per share last year. Analysts were looking for a year-over-year decline. The management reaffirmed its full-year 2022 guidance.
Meanwhile, consolidated revenue declined 4% to $1.47 billion during the three-month period, hurt by lower HDMC revenues and production suspension in the second half of May. However, the topline beat the consensus estimates.
Check this space to read management/analysts’ comments on Harley-Davidson’s Q3 results
Harley Davidson’s stock traded up 6% on Thursday afternoon. In the past twelve months, the stock lost about 8%.
Prior Performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
INTU Earnings: Intuit Q3 2024 revenue and adj. profit top expectations
Intuit Inc. (NASDAQ: INTU) Thursday reported an increase in adjusted earnings and revenues for the third quarter of 2024. The results also exceeded analysts' estimates. At $6.74 billion, the Mountain
After blowout quarter, Nvidia (NVDA) looks set to continue riding the AI wave
Shares of NVIDIA Corporation (NASDAQ: NVDA) rallied this week after the semiconductor giant reported robust first-quarter numbers. Being a first mover in artificial intelligence chips, the company is spearheading the
Target Corp. (TGT): A brief look at the retailer’s performance in Q1 2024
Shares of Target Corporation (NYSE: TGT) rose over 1% on Thursday. The stock has dropped over 11% in the past one month. The company delivered mixed results for the first
