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What's Going On With Harley-Davidson Shares After Q1 Results?

Harley-Davidson, Inc. (NYSE:HOG) shares are trading lower on Thursday. The company reported first-quarter adjusted earnings per share of $1.72, beating the analyst consensus of $1.51.  The company reported first-quarter HDMC + LiveWire sales of $1.48 billion, beating the consensus of $1.34 billion. HDMC revenue is down 5%, primarily due to a planned decrease in motorcycle shipments. Consolidated revenue in the first quarter was down 3%, driven by an HDMC revenue decrease, partially offset by ...