Harley-Davidson Earnings: What Investors Should Watch

Harley-Davidson (NYSE:HOG) will report earnings before markets open on Thursday, July 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 $1.18 per share on revenues of $1.63 billion. Currently, the company’s P/E ratio stands at 18.96.

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 $0.78 to a profit $0.77. For the current year, the average estimate is a profit of $3.3, 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 ($) in millions 5,971 4,782 4,859 5,312 5,581
Diluted EPS ($) 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 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 1,569.05 1,089.27 1,010.90 1,414.25
Diluted EPS ($) 1.07 0.59 0.31 0.99

Past Performance:
Harley-davidson has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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