Q2 Stock Result Update (HOG, PEP, JNJ)

Stock price of Two-wheeler company Harley-Davidson, Inc (NYSE: HOG) was up $1.22 or 5.17% and was trading at $24.83 in the pre-trading session. Today, the Company came up with their Q2 results which were far better than expected. The company reported second quarter net income of $71.6 million or 30 cents per share compared to 8 cents per share or $19.75 million in the quarter year ago. However, the revenue in the second quarter was almost flat at $1.14 billion. The company stood by their forecast of exporting of 201000 to 212000 motorcycles in current fiscal year. In last one year the stock touched an upside of $36.13 and a downside of 19.16.  The company manufactures and sells heavyweight motorcycles and parts, accessories, etc.  

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Stock price of global food giant PepsiCo, Inc (NYSE: PEP) was trading almost flat in the pre-trading market session and was trading at $61.75, down by 30 cents or 0.48%. Today morning, the company declared its Q2 results reporting a net income of $14.8 billion which fell by nearly 3% compare to the period year ago. It reported an EPS of $1.06 compared to analyst expectation of $1.09 on the revenue of $14.1 billion. The stock which is below its 50-day and its 200-day moving average may find a strong resistance at this level. The company is into food and beverage business and operates in more than 200 countries around the world. In last one year the stock touched an upside of $67.61 and a low of $55.36.

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