Harley-Davidson Inc. HOG stock is rolling higher by 3% in premarket trades after the motorcycle maker’s first-quarter revenue and profit blew past analyst estimates. Harley-Davidson’s first-quarter net income increased to $304.1 million, or $2.04 a share, from $222.5 million, or $1.45 a share, in the year-ago quarter. Analysts were expecting earnings of $1.36 a share. Revenue jumped 20% to $1.56 billion, ahead of the analyst estimate of $1.36 billion. The company reiterated its 2023 forecast for its motorcycle unit revenue to increase by 4% to 7%.
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