Harley-Davidson (HOG) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Harley-Davidson reported revenue of $1.08 billion for the quarter ended September 2025, reflecting a year-over-year increase of 22.5% and exceeding the Zacks Consensus Estimate by 7.98% [1] - The company's earnings per share (EPS) reached $3.10, a significant increase from $0.91 in the same quarter last year, resulting in an EPS surprise of 124.64% compared to the consensus estimate of $1.38 [1] Financial Performance Metrics - Total worldwide retail sales of Harley-Davidson motorcycles were 33,984, slightly below the estimated 34,506 [4] - Worldwide motorcycle shipments totaled 36,524, surpassing the average estimate of 33,182 [4] - Revenue from motorcycles and related products was $1.07 billion, exceeding the average estimate of $999.74 million, and representing a year-over-year change of 22.5% [4] - Revenue from motorcycles was $821.86 million, significantly higher than the estimated $734.64 million, marking a 33.5% increase year-over-year [4] - Revenue from parts and accessories was $167.25 million, slightly below the estimated $172.45 million, reflecting a 4% decrease compared to the previous year [4] - Financial services revenue was $261 million, falling short of the average estimate of $402.76 million, with a year-over-year decline of 3% [4] Stock Performance - Over the past month, Harley-Davidson shares returned 2.2%, slightly outperforming the Zacks S&P 500 composite's return of 2.1% [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance in the near term [3]