Harley-Davidson 1Q profit and sales top estimates

MILWAUKEE — Harley-Davidson Inc. on Tuesday reported first-quarter earnings of $127.9 million.

On a per-share basis, the Milwaukee-based company said it had profit of 80 cents.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share.

The motorcycle maker posted revenue of $1.38 billion in the period. Its adjusted revenue was $1.2 billion, which met Street forecasts.

During the quarter,...

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