MILWAUKEE (AP) _ Harley-Davidson Inc. (HOG) on Monday reported first-quarter earnings of $259.1 million.
On a per-share basis, the Milwaukee-based company said it had profit of $1.68.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.
The motorcycle maker posted revenue of $1.42 billion in the period. Its adjusted revenue was $1.23 billion, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $1.22 billion.
Harley-Davidson shares have increased 10% since the beginning of the year. The stock has more than doubled in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HOG at https://www.zacks.com/ap/HOG
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