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Sep 25, 2022
Harley-Davidson Q3 2022 Earnings Report
Harley-Davidson reported strong third quarter financial results with solid growth in revenue and operating income, aligned with Hardwire strategic initiatives.
Key Takeaways
Harley-Davidson's Q3 2022 saw a 21% increase in consolidated revenue, driven by a 24% increase in HDMC revenue due to strong global motorcycle shipments. Consolidated operating income grew by 66%, with HDMC up 164% and HDFS down 24%. The company reaffirms its full-year 2022 outlook on HDMC Revenue, HDMC Margin, and HDFS performance.
Global motorcycle shipments grew 19% in Q3 vs prior year.
HDMC Revenue grew 24% behind profitable unit growth and global pricing.
HDMC Operating Income margin of 17.9% was up 9.5 points.
GAAP diluted EPS of $1.78 was up 70%.
Revenue by Segment
Forward Guidance
For the full year 2022, the Company reaffirms its guidance and continues to expect: •HDMC revenue growth of 5 to 10% •HDMC operating income margin of 11 to 12% •HDFS operating income to decline by 20 to 25%
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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