Harley-Davidson Earnings Preview: Get Ahead of the Analysts

Harley-Davidson (NYSE:HOG) will report earnings before markets open on Thursday, April 25th. Harley-Davidson, Inc. designs, manufactures, and sells motorcycles. The Company’s products include heavyweight touring, custom, and performance motorcycles, as well as a line of motorcycle parts, accessories, and general merchandise. Harley-Davidson also provides motorcycle floor planning and parts and accessories financing to its North American and European dealers.

Here is your Cheat Sheet to Harley-davidson Earnings:

Earnings Expectations: Analysts expect earnings of $0.99 per share on revenues of $1.46 billion. Currently, the company’s P/E ratio stands at 18.77.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.26 to a profit $1.22. For the current year, the average estimate is a profit of $3.36, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Harley-davidson has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 5,955 4,782 4,859 5,312 5,581
Diluted EPS ($) 2.79 -0.24 0.62 2.55 2.72

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 1,184 1,430 1,730 1,250 1,171
Diluted EPS ($) 0.45 0.74 1.07 0.59 0.32

Past Performance:
Harley-davidson has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)