On Tuesday, the profit for the first quarter should be announced before the market opens.
The Harley stock (ticker: HOG) rose 19.8% this year to close on Thursday, up 15.9% for the S & P 500 index
Here's a snapshot of the expectations of Wall Street and the recent past.
Most analysts are neutral on Harley stock. According to Bloomberg, there are 18 holdings, four buys and one sell in 23 analyst reviews. Wall Street consensus earnings for the quarter, according to Bloomberg, are at 86 cents per share and $ 1.21 billion in revenue.
Harley has trouble, fewer and fewer Americans drive motorcycles. The company's US retail sales have dropped in eight consecutive quarters.
Falling sales led an analyst to believe that the company should make pickup trucks instead of electric motorcycles.
During Harley's fourth quarter last year, the company earned half a million dollars, about zero cents a share, even though its revenue estimates exceeded $ 1.15 billion. Analysts polled by FactSet forecast earnings per share of 28 cents on revenue of $ 1.05 billion.
Investors were waiting for more details on a trade agreement with China, which would facilitate trading in sensitive vehicle stocks like Harley.
Another potential upside for Harley is the tax rebate season. An analyst from Wedbush Securities said in March that a record level of tax refunds could be tailwind for the sale of expensive consumer goods like Harley.
Not every analyst is optimistic. Joseph Spak, an analyst with RBC Capital Markets, wrote last month in a statement to his clients that he fears that Harley's US retail sales in the US would fall 10% in the first quarter – the ninth drop in a row.
Timothy Condor demoted Harley from Outperform to market performance. He said that the stock is currently less attractive after the risk / reward rally, given the ongoing weakness of the motorcycle market, tariff uncertainty and the long road to stabilization. "