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Harley-Davidson Beats Estimates, Says Sales Outlook Remains Strong




beat Wall Street's earnings expectations, and said that the outlook for retail sales of the company's motorcycles continues to be strong.

The company reported fourth-quarter earnings of $93.9 million today, or 31 cents a diluted share, up from $74.2 million, or 24 cents a share, in the year-ago period. Analysts expected the company to earn 29 cents in the quarter, according to

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The motorcycle maker, which is based in Milwaukee, also reported revenue of $756.2 million for the quarter ended Dec. 31, up 14.1% from $662.5 million last year.

Harley-Davidson's shares gained 94 cents, or 2.5%, to $38.69 in

New York Stock Exchange

trading today.