Harley-Davidson: Fourth Quarter Earnings Overview
Harley-Davidson Reports Fourth-Quarter Loss
Harley-Davidson Inc., headquartered in Milwaukee, announced on Tuesday that it experienced a net loss of $279.3 million during the fourth quarter.
The company reported a per-share loss of $2.44 for the quarter.
These figures were below what analysts had anticipated. According to a survey by Zacks Investment Research involving four analysts, the consensus estimate was a loss of $0.92 per share.
During the same period, Harley-Davidson generated $496.2 million in revenue. After adjustments, revenue stood at $390.5 million, which also missed analyst expectations. Three analysts polled by Zacks had projected revenue of $527.3 million.
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