Harley-Davidson is set to report its second-quarter earnings this Thursday before market open. The market expects revenue to decline 10.7% year on year, an improvement from the 19.3% decrease in the same quarter last year. Last quarter, the company beat revenue expectations with $1.17 billion, down 11.8% year on year, and sold 37,300 motorcycles, a 3.4% decline. Analysts have generally reconfirmed their estimates over the last 30 days, and the stock is up 14.9% over the past month, heading into earnings with an average analyst price target of $26.91 compared to the current share price of $28.38.
Harley-Davidson IncQ2 earnings report expected with revenue decline, but stock up 14.9% past month; analyst estimates reconfirmed
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