S&P 500 (NYSE:SPY) component Harley-Davidson (NYSE:HOG) will unveil its latest earnings tomorrow, Tuesday, January 29, 2013. Harley-Davidson manufactures heavyweight motorcycles as well as motorcycle parts and accessories. .
Harley-Davidson Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average analyst estimate is for net income of 31 cents per share, a rise of 29.2% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from 30 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 31 cents during the last month. Analysts are projecting profit to rise by 17.6% versus last year to $2.74.
Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by one cent, reporting profit of 59 cents per share against a mean estimate of net income of 58 cents per share.
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A Look Back: In the third quarter, profit fell 27% to $134 million (59 cents a share) from $183.6 million (78 cents a share) the year earlier, but exceeded analyst expectations. Revenue fell 10.5% to $1.25 billion from $1.4 billion.
Here’s how Harley-Davidson traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: