Harley-Davidson, Inc. Second Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Harley-Davidson, Inc. (NYSE:HOG) will unveil its latest earnings on Tuesday, July 19, 2011. Harley-Davidson, Inc. manufactures heavyweight motorcycles as well as motorcycle parts and accessories. .

Harley-Davidson, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 70 cents per share, a rise of 18.6% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 71 cents. Between one and three months ago, the average estimate moved down, but has risen from 69 cents during the last month. For the year, analysts are projecting profit of $2.13 per share, a rise of 91.9% from last year.

Past Earnings Performance: The company fell short of estimates last quarter after topping forecasts the quarter prior. In the first quarter, it reported net income of 51 cents per share against a mean estimate of 53 cents. Two quarters ago, it beat expectations by 12 cents with a loss of 18 cents.

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Wall St. Revenue Expectations: On average, analysts predict $1.26 billion in revenue this quarter, a rise of 10.5% from the year ago quarter. Analysts are forecasting total revenue of $4.52 billion for the year, a rise of 8.1% from last year’s revenue of $4.18 billion.

Analyst Ratings: Analysts are bullish on this stock with eight analysts rating it as a buy, none rating it as a sell and seven rating it as a hold.

Key Stats:

Revenue rose in the first quarter after seeing a drop the quarter before. Revenue rose 1.5% to $1.22 billion in the first quarter from the year earlier. In the fourth quarter of the last fiscal year, revenue fell 10.9%.

Competitors to Watch: Polaris Industries (NYSE:PII), Brunswick (NYSE:BC), Home Depot (NYSE:HD), Caterpillar (NYSE:CAT), General Motors (NYSE:GM), Ford (NYSE:F), Toyota (NYSE:TM) and Honda (NYSE:HMC).

Stock Price Performance: During June 14, 2011 to July 13, 2011, the stock price had risen $5.85 (16.1%) from $36.29 to $42.14. The stock price saw one of its best stretches over the last year between March 31, 2011, and April 11, 2011, when shares rose for eight-straight days, rising 8% (+$3.15) over that span. Shares have been on a negative streak of late, closing down every day between July 12, 2011 and July 13, 2011. Shares are up $7.67 (+22.3%) year to date.

(Source: Xignite Financials)

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