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LiveWire Group (LVWR)
NYSE:LVWR
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Earnings Data
Report Date
Jan 30, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 24, 2024
|% Change Since: -16.50%
|Next Earnings Date:Jan 30, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a challenging environment for Harley-Davidson, with significant declines in global retail sales and revenue, particularly in the EMEA region. Despite these challenges, there were positive highlights such as growth in the Touring segment, strong performance from Harley-Davidson Financial Services, and leadership in the EV market through LiveWire. Cost control measures and a focus on productivity gains were emphasized, along with continued shareholder returns through share buybacks. However, the reduction in full-year outlook and the operating loss in the LiveWire segment contributed to a mixed sentiment.Company Guidance
During the Q3 2024 earnings call, Harley-Davidson provided detailed guidance amidst challenging market conditions. Global retail sales of new motorcycles declined by 13%, with North America experiencing a 10% drop and international regions seeing an 18% decrease. Despite these challenges, Harley-Davidson's Touring segment grew nearly 10% in the U.S., gaining over 4 percentage points in market share. In response to lower-than-expected retail demand, the company revised its full-year outlook, anticipating retail units sold and wholesale shipments to align between 149,000 and 153,000 units. LiveWire, the company's electric motorcycle brand, retained a leading market share of 69% in the U.S. for on-road EVs with more than 50 horsepower, although it adjusted its full-year guidance to 600-1,000 units. Overall, consolidated revenue fell 26%, with HDMC revenue down 32% but HDFS revenue up by 10%. The company is committed to reducing dealer inventories, expecting a 20% reduction from Q3 levels by year-end, and plans to support dealers through marketing initiatives and inventory management as it prepares for 2025.Harley-Davidson Touring Segment Growth
The Touring segment was up almost 10% in the U.S., gaining more than 4 percentage points of market share, outperforming the category and the market.
HDFS Revenue Growth
Harley-Davidson Financial Services reported a revenue growth of 10% in Q3 driven by higher retail and commercial finance receivables.
LiveWire Market Leadership
LiveWire retained 69% of the 50-plus HP on-road EV segment market share year-to-date in the U.S.
Cash Flow Improvement
Harley-Davidson delivered $931 million of operating cash flow in the first 9 months of 2024, up from $707 million in the same period last year.
Share Buyback Program
In Q3, Harley-Davidson bought back 4 million shares of its stock at a cost of $150 million, totaling 9.5 million shares for $350 million in 2024.
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LVWR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LVWR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $6.18 | $5.85 | -5.34% |
| Jul 25, 2024 | $7.56 | $7.75 | +2.51% |
| Apr 25, 2024 | $7.03 | $7.08 | +0.71% |
| Feb 08, 2024 | $10.69 | $10.82 | +1.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does LiveWire Group (LVWR) report earnings?
LiveWire Group (LVWR) is schdueled to report earning on Jan 30, 2025, TBA Not Confirmed.
What is LiveWire Group (LVWR) earnings time?
LiveWire Group (LVWR) earnings time is at Jan 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LVWR EPS forecast?
Currently, no data Available
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