Exploring Analyst Estimates for Harley-Davidson (HOG) Q3 Earnings, Beyond Revenue and EPS

Core Viewpoint - Harley-Davidson is expected to report a significant decline in quarterly earnings and revenues, with analysts revising their estimates downward, indicating potential challenges for the company in the upcoming period [1][2]. Financial Performance Estimates - Analysts predict Harley-Davidson will post quarterly earnings of $0.82 per share, a decline of 40.6% year-over-year [1]. - Revenues are forecasted at $970.25 million, reflecting a year-over-year decrease of 25.7% [1]. - The consensus EPS estimate has been revised 9.5% lower over the last 30 days, indicating a reevaluation of the company's performance by analysts [1]. Revenue Breakdown - Revenue from Motorcycles and related products is estimated at $970.25 million, down 25.2% from the prior year [2]. - Revenue from Parts & Accessories is projected at $161.35 million, indicating a decline of 12.8% year-over-year [2]. - Revenue from Live Wire is expected to reach $10.33 million, showing a year-over-year increase of 26.8% [3]. Sales and Shipments - Total worldwide retail sales of Harley-Davidson motorcycles are estimated at 40,144, down from 41,658 in the previous year [3]. - Worldwide motorcycle shipments are projected to be 32,922, compared to 45,269 a year ago [3]. - U.S. motorcycle shipments are expected to be 20,085, significantly lower than the 30,167 reported in the same quarter last year [4]. International Sales - Total international retail sales (excluding North America) are estimated at 14,270, slightly down from 14,312 year-over-year [4]. - Worldwide motorcycle shipments for Cruiser models are expected to be 9,909, down from 17,142 in the same quarter last year [4]. - Worldwide motorcycle shipments for Sport and Lightweight models are projected at 3,013, compared to 3,103 in the same quarter of the previous year [4]. Stock Performance - Over the past month, Harley-Davidson shares have declined by 8.3%, contrasting with a 2.8% increase in the Zacks S&P 500 composite [4]. - The company holds a Zacks Rank of 5 (Strong Sell), suggesting it may underperform the overall market in the near term [4].