updated 4/12/2006 1:19:07 PM ET 2006-04-12T17:19:07

Motorcycle maker Harley-Davidson Inc. on Wednesday said its profit rose 3 percent in the first quarter, in line with Wall Street expectations and helped by motorcycle sales growth in the United States and abroad.

For the quarter ended March 26, income increased to $234.6 million, or 86 cents per share, compared with $227.2 million, or 77 cents per share, during the same period a year ago. Revenue rose 4 percent to $1.29 billion from $1.24 billion in the prior year.

Results fell in line with analyst expectations, who, on average, were expecting earnings of 86 cents per share on sales of $1.29 billion, according to a poll conducted by Thomson Financial.

Motorcycle sales increased by about 6 percent in the U.S. and almost 12 percent in international markets during the quarter, Milwaukee-based Harley-Davidson said.

“With the increased seasonality in our business, we are pleased with this retail sales performance,” said Jim Ziemer, the company’s president and chief executive officer.

© 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Discuss:

Discussion comments

,

Most active discussions

  1. votes comments
  2. votes comments
  3. votes comments
  4. votes comments

Data: Latest rates in the US

Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 2.43%
$30K home equity loan FICO 5.80%
$75K home equity loan FICO 4.54%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 13.57%
13.57%
Cash Back Cards 17.91%
17.91%
Rewards Cards 17.15%
17.15%
Source: Bankrate.com