Analysts Expect Harley-Davidson’s Revenue to Fall in Q2 2018
In the first quarter, Harley-Davidson’s (HOG) revenue fell 2.7% YoY (year-over-year) to ~$1.36 billion from ~$1.32 billion, beating analysts’ estimate of $1.23 billion. Despite weak US market retail sales, 7.3% YoY growth in touring motorcycle shipments and Harley-Davidson’s product mix boosted its revenue in the first quarter. Let’s look at analysts’ estimates for the company’s Q2 2018 revenue.