Harley-Davidson, Inc. Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Harley-Davidson, Inc. (NYSE:HOG) will unveil its latest earnings on Tuesday, October 18, 2011. Harley-Davidson 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 profit of 74 cents per share, a rise of 85% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 65 cents. Between one and three months ago, the average estimate moved up. It has risen from 73 cents during the last month. For the year, analysts are projecting net income of $2.38 per share, a rise of more than twofold from last year.

Last quarter, the company came in at profit of 81 cents per share against a mean estimate of net income of 70 cents per share, beating estimates after missing them in the previous quarter. In the first quarter, it missed forecasts by 2 cents.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 18.3% in revenue from the year-earlier quarter to $1.29 billion.

Analyst Ratings: nine out of 15 analysts surveyed (60%) have a buy rating on Harley-Davidson.. This is below the mean analyst rating of nine competitors, which average 80% buy ratings.

A Look Back: In the second quarter, profit rose more than twofold to $190.6 million (81 cents a share) from $71.2 million (30 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 15% to $1.51 billion from $1.31 billion.

Key Stats:

The company’s revenue has risen for two straight quarters. In the first quarter, the figure rose 1.5%.

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 July 19, 2011 to October 12, 2011, the stock price had fallen $8.26 (-18.4%) from $44.95 to $36.69. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 5, 2011 when shares rose for seven-straight days, rising 12.5% (+$4.76) over that span. It saw one of its worst periods between July 22, 2011 and August 2, 2011 when shares fell for eight-straight days, falling 9.1% (-$4.16) over that span. Shares are up $2.34 (+6.8%) year to date.

(Source: Xignite Financials)

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