Core Viewpoint - Wall Street anticipates a year-over-year decline in Harley-Davidson's earnings and revenues for the quarter ended March 2025, with actual results being crucial for stock price movement [1][3]. Earnings Expectations - Harley-Davidson is expected to report quarterly earnings of $0.90 per share, reflecting a year-over-year decrease of 47.7% [3]. - Revenues are projected to be $1.12 billion, down 24.3% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4]. - The Most Accurate Estimate for Harley-Davidson is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +20.82% [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a favorable Zacks Rank [8]. - However, Harley-Davidson currently holds a Zacks Rank of 5, complicating the prediction of an earnings beat despite the positive Earnings ESP [11]. Historical Performance - In the last reported quarter, Harley-Davidson was expected to post a loss of $0.68 per share but actually reported a loss of $0.93, resulting in a surprise of -36.76% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [13]. Industry Comparison - Tesla, another player in the automotive industry, is expected to report earnings of $0.45 per share, with revenues projected at $21.5 billion, reflecting a 1% increase year-over-year [17]. - Tesla's consensus EPS estimate has been revised 19.5% lower in the last 30 days, resulting in a negative Earnings ESP of -3.79% and a Zacks Rank of 4 [18].
Earnings Preview: Harley-Davidson (HOG) Q1 Earnings Expected to Decline