Harley-Davidson reported a disappointing third quarter, with revenue dropping 26% year-over-year, driven by a decline in motorcycle sales and a challenging economic environment. The company lowered its full-year revenue and profit outlook, reflecting the ongoing impact of high interest rates and global economic uncertainty. Despite the challenges, Harley-Davidson remains committed to its strategic initiatives and plans to continue investing in its future.
Results for: HOG
Harley-Davidson is set to release its third-quarter earnings on Thursday, October 24th. Analysts anticipate a decline in both earnings and revenue compared to the previous year. This article examines analyst ratings and price targets for HOG, providing insights into the current market sentiment surrounding the iconic motorcycle manufacturer.