08:33 AM EDT, 10/24/2024 (MT Newswires) -- Harley-Davidson ( HOG ) reported Q3 earnings Thursday of $0.91, down from $1.38 a year earlier.

Analysts polled by Capital IQ expected $0.81.

Motorcycle revenue for the quarter ended Sept. 30 was $876 million compared with $1.3 billion a year earlier. On a consolidated basis, Q3 revenue was $1.15 billion, compared with $1.55 billion a year earlier

Analysts surveyed by Capital IQ expected $976.4 million.

The company trimmed 2024 motorcycle revenue guidance to down 14% to 16% from down 5% to 9% previously. Analysts polled by Capital IQ expect $4.43 billion.

Harley-Davidson ( HOG ) shares were down 1.4% in premarket trading.

Price: 33.26, Change: -0.87, Percent Change: -2.55