Harley Shares Sink on Surprise Loss, Starker Outlook

  • Stock in motorcycle manufacturer plunges as much as 22%
  • Bikemaker targets low “double-digit” EPS growth through 2025
Photographer: David Paul Morris/Bloomberg
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Harley-Davidson Inc. is providing a stark recovery outlook -- and investors aren’t sure they like what they see.

The motorcycle manufacturer’s shares plunged after it posted a surprise loss in the fourth quarter and unveiled a turnaround plan that failed to impress Wall Street.