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Harley-Davidson Delivers Strong Growth For Fourth Quarter And For Full Year

Harley-Davidson released today its fourth quarter financial statements, revealing the company’s fourth-quarter income from continuing operations was $70.6 million on consolidated revenue of $1.17 billion, compared to 2011 income from continuing operations of $54.6 million on consolidated revenue of $1.18 billion. Fourth-quarter 2012 earnings per share were $0.31, up 29.2% compared to EPS of $0.24 in the year-ago quarter. For the full year, Harley-Davidson income from continuing operations was $623.9 million on consolidated revenue of $5.58 billion, compared to full-year 2011 income from continuing operations of $548.1 million on consolidated revenue of $5.31 billion.

Harley’s Ed Krawiec is 2011 NHRA Pro Stock Motorcycle Champ

Harley-Davidson Screamin’ Eagle/Vance & Hines rider Ed Krawiec is the 2011 NHRA Pro Stock Motorcycle world champion. Krawiec clinched the title with a second-round win at the Automobile Club of Southern California NHRA Finals at Auto Club Raceway that eliminated Lucas Oil Buell rider Hector Arana Jr., the only rider in the field with a chance to overtake Krawiec for the championship. Krawiec advanced to the final round and lost to his Harley-Davidson Screamin’ Eagle/Vance & Hines teammate Andrew Hines, who finished the season third in points. More from Harley-Davidson on Krawiec’s win: “I think this is really a statement on the season, to end it with an all-Harley final and the championship, and with Willie G.

Forbes Expects Harley-Davidson to Announce Gains for Q3 2011

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.