Harley-Davidson beats by $0.03, beats on revs; reaffirms FY07 & FY08 guidance Reports Q3 (Sep) earnings of $1.07 per share, $0.03 better than the Reuters Estimates consensus of $1.04; revenues fell 5.8% year/year to $1.54 bln vs the $1.52 bln consensus. For the full year of 2007, the Company expects a shipment range of 328-332K Harley-Davidson motorcycles, compared to 349,196 units in 2006. The Company also expects a modest decline in revenue and lower operating margin in 2007. Reaffirms diluted earnings per share for the full year are expected to decrease 4 to 6 percent compared to 2006.
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