Harley-Davidson Surprises with Earnings, Yet Stock Falls
On Tuesday, Harley-Davidson reported impressive third-quarter earnings, delivering earnings per share (EPS) of $3.10 on sales of $1.3 billion. This performance significantly outpaced Wall Street’s expectations, which had forecast an EPS of $1.53 from sales of $1 billion. Despite these strong results, the company’s stock experienced a decline, leaving many investors puzzled. The unexpected drop…