HOG - Harley-Davidson Won't Be Getting an Earnings Lift From Livewire
Harley-Davidson (NYSE: HOG) surprised everyone in the third quarter by posting better than expected sales numbers. Motorcycle sales were still down in the U.S., and the performance was worse than the industry as a whole (though not as bad as rival Polaris Industries), so it wasn't a record to really cheer.
Still, it has given some investors hope that Harley has hit bottom -- or is very near the bottom -- and the fourth quarter will be telling in that regard. With fourth quarter results due out Jan. 28, we'll know soon enough, but here's what investors can likely expect.
Image source: Harley-Davidson.