southtownstar
LUMINOUS 
Weather Updates

Harley-Davidson 2Q profit rises 30 percent

Updated: July 22, 2014 11:24AM



MILWAUKEE — Harley-Davidson Inc. on Tuesday reported net income that climbed by 30 percent in its second quarter, and topped analysts’ expectations.

The Milwaukee-based company said earnings rose to $354.2 million, or $1.62 per share, from $271.7 million, or $1.21 per share, in the same quarter a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for profit of $1.46 per share.

The company said revenue rose 12 percent to $2 billion from $1.79 billion in the same quarter a year earlier, also beating Wall Street forecasts. Analysts expected $1.84 billion, according to Zacks.



© 2014 Sun-Times Media, LLC. All rights reserved. This material may not be copied or distributed without permission. For more information about reprints and permissions, visit www.suntimesreprints.com. To order a reprint of this article, click here.