Harley-Davidson Q3 Profit Rises - Quick Facts

(RTTNews) - Harley-Davidson Inc. (HOG) reported third-quarter net income of $162.72 million or $0.73 per share, compared to $134.00 million or $0.59 per share, last year.

On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.73 for the quarter. Analysts' estimates typically exclude special items.

Revenue rose to $1.18 billion, from $1.09 billion, a year ago. Analysts expected revenue of $1.17 billion for the quarter. Worldwide retail sales of new Harley-Davidson motorcycles increased 15.5% in the quarter, including a 20.1% increase in the U.S., compared to last year's third quarter.

Harley-Davidson continues to expect to ship 259,000 to 264,000 motorcycles to dealers and distributors worldwide in 2013. The company continues to expect full-year 2013 gross margin of 35.25% to 36.25%.