Harley-Davidson Q2 Earnings Preview: EPS $0.65, Rev -10.5%

Harley-Davidson (HOG) will report second-quarter earnings before the market opens Thursday, July 23. Analysts expect adjusted earnings of $0.65 a share on revenue of $1.17 billion, a 10.5% decline from the same quarter last year. The motorcycle maker has beaten consensus EPS estimates in each of the last four quarters. The print comes as the company contends with higher borrowing costs and a shift in consumer spending away from big-ticket items. Management will also face questions on demand trends, dealer inventory, and the rollout of the electric motorcycle line. Harley-Davidson shares have fallen about 12% year to date. The stock is down roughly 30% from the 52-week high set in November.