Harley-Davidson, Inc

HOG NYSE
HOG
Harley-Davidson, Inc NYSE
 
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Upcoming Earnings
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Market Cap
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Upcoming Earnings
EPS
Market Cap
Div Yield
P/E

Important events

Feb 092022

Investors get revved up

Harley-Davidson proves its still King of the Road with its strongest earnings report in five years.

Key points:
  • The stock took a ride to multi-month highs and gained 15% after it surprised investors with a Q4 profit, beating on both ends with EPS of $0.14 compared to the LPS of $0.38 analysts expected, on top of consolidated revenue that was up 40% to $1.02bn.
  • Apparently, Harleys are back in. Motorcycle revenue alone rose 71% to $546m in Q4 as it faced heightened demand for its products. The growth is likely to continue given it’s expecting FY 2022 revenue to jump up to 10% from 2021’s record $5.3bn.
  • CEO Jochen Zeitz has been focusing on the more profitable products while trying to expand into international markets – motorcycle shipments grew by 39% despite delays and supply shortages.
See all reported financials
Milad Fakurian / Unsplash

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Dec 152021

A Harley Party

Harley Davidson stock hit full throttle on the back of an electric spin-off.

  • Prices popped up 29% on Monday to a nearly five-month high before closing up 4.70%.
  • It’s spinning off its electric motorcycle division, LiveWire, in a $1.7bn SPAC deal that will make it the world’s first publicly traded e-motorcycle company.
  • It might be the first to debut, but it’s not the first in the race. There are some heavy competitors out there that are selling e-bikes way lower prices, like Sondors, Energica, and Zero.
Harley-Davidson / Unsplash