NEW YORK (TheStreet) -- Shares of Harley-Davidson (HOG) - Get Report are up by 0.38% to $50.18 in late-afternoon trading on Tuesday, ahead of the company's fiscal 2016 second quarter results, due out on Thursday before the market opens.
Wall Street is expecting earnings of $1.54 per share on revenue of $1.67 billion. Last year, the company reported earnings of $1.44 per share on revenue of $1.82 billion.
Harley-Davidson expects shipments in 2016 to be around 269,000-274,000 units, up 1%-3% year-over-year, with international sales expected to grow faster than U.S. sales for 2016.
The Milwaukee, WI-based motorcycle manufacturer has beat earnings in three of the last four quarters, zachs.com reports. "The company's large share in the U.S. motorcycle market, consistent capital deployment and favorable shipment guidance are positives," zachs.com said.
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:
We rate HARLEY-DAVIDSON INC as a Hold with a ratings score of C+. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow.
You can view the full analysis from the report here: HOG