Harley-Davidson: Q3 beats consensus
(CercleFinance.com) - Harley-Davidson has published Q3 EPS - excluding restructuring costs and the impacts of Chinese and European tariffs - of 70 cents, down 15% year-on-year, although four cents above the consensus.
The motorcycle manufacturer announced retail sales that are up 2.7% internationally, although down - at a slower pace compared to recent quarters - 3.6% in the US.
For the current year as a whole, the Milwaukee based Group continues to anticipate the delivery of approximately 212,000 to 217,000 motorcycles, as well as an operating margin of the motorcycle segment of around 6% to 7%.
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