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Forbes Expects Harley-Davidson to Announce Gains for Q3 2011
by
Pete Brissette
(IC: employee)
Published: October 17th, 2011
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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
Pete Brissette
More by Pete Brissette
Published October 17th, 2011 5:49 PM
Motorcycle Insurance
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