In anticipation of Harley-Davidson announcing its third-quarter performance in 2011 Forbes.com expects Harley will reveal its third straight quarter of sales growth.

The article says that financial analysts expect “earnings of $0.76 per share, up 47.4% from the same quarter of last year.” Additionally, an 18.8% gain in revenues is expected.

Interestingly, the article refers to Harley’s motorcycles as “luxury items,” and as such sees Harley’s increased sales and profit as a possible harbinger of an improving U.S. economy.

Harley will release its Q3 2011 results tomorrow, October 18.

Source: Forbes.com

Category: Cruiser Harley-Davidson Motorcycle News News
Tags: earnings, financial analysts, forbes, Harley-Davidson, motorcycles, q3