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Harley Profits On Strong Retail Trend
Posted on April 25, 2012 at 13:03 PM EDT
Harley-Davidson Inc. (NYSE:HOG) witnessed a 44% rise in profit to $172.0 million in the first quarter of 2012 from $119.3 million in the same quarter of prior year. On a per-share basis, profits increased 45% to 74 cents from 51 cents a year ago, exceeding the Zacks Consensus Estimate by 3 cents. Total revenue (including [...]

Harley-Davidson Inc. (NYSE:HOG) witnessed a 44% rise in profit to $172.0 million in the first quarter of 2012 from $119.3 million in the same quarter of prior year. On a per-share basis, profits increased 45% to 74 cents from 51 cents a year ago, exceeding the Zacks Consensus Estimate by 3 cents.
Total revenue (including Financial Services) in the quarter rose 17% to $1.4 billion, driven by higher motorcycles and related products sales. Operating income surged 43% to $275.5 million from $193.0 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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