Harley-Davidson beats Q1 earnings estimates, but withdraws guidance

From Nasdaq: 2025-05-02 08:21:00

Harley-Davidson, Inc. reported first-quarter 2025 adjusted earnings of $1.07 per share, exceeding the Zacks Consensus Estimate of 80 cents. Revenues totaled $1.33 billion, down 23% from the prior year. Motorcycle shipments worldwide decreased by 33% to 38,600 units. LiveWire shipments fell 72% with an operating loss of $20 million.

Tesla reported first-quarter 2025 earnings of 27 cents per share, missing estimates. Total revenues of $19.33 billion also lagged, down 9% year over year. Cash/cash equivalents/investments were $37 billion as of March 31, 2025. PACCAR Inc. recorded earnings of $1.46 per share for the first quarter, with revenues at $7.44 billion.

General Motors reported adjusted earnings of $2.78 per share in the first quarter, surpassing estimates. Revenues of $44.02 billion increased from the previous year. Cash and cash equivalents were $20.57 billion as of March 31, 2025. Long-term automotive debt was $13.44 billion. Tesla plans to revisit 2025 delivery volume guidance due to global tariff chaos.

Harley-Davidson had cash and cash equivalents of $1.93 billion as of March 31, 2025. Long-term debt increased to $4.96 million. The company withdrew its 2025 guidance due to macro-uncertainties. HOG currently holds a Zacks Rank #2 (Buy). PACCAR expects capex for 2025 in the range of $700-$800 million. General Motors recorded adjusted automotive free cash flow of $811 million in the first quarter of 2025.



Read more at Nasdaq: Harley-Davidson Tops Q1 Earnings Estimates, Withdraws Guidance