Harley Davidson is plummeting after a big earnings miss (HOG)
|01/30/2018||Posted by BusinessMediaguide.Com under General World News||
- Harley Davidson is falling after reporting earnings well under analysts’ expectations.
- The future isn’t too bright either, as the company said it expects sales to continue to decline.
- Watch the stock move in real time here.
Harley Davison shares are plummeting on Tuesday after the company reported earnings well under analysts’ expectations.
Shares are down 8.54% to $50.57 after the company reported its fourth-quarter earnings.
The motorcycle maker reported earnings of $0.05 vs estimates of $0.45. Harley brought in revenue of $1.05 billion vs estimates of $1.01 billion and shipped about 47,200 bikes during the quarter.
The American company is facing a sharp decline read more >>>