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Harley-Davidson posts results that top expectations


    (Reuters) - Harley-Davidson Inc reported better-than-expected quarterly financial results on Tuesday, lifted by strong sales of its products in key markets, including the United States.

    The Milwaukee-based company, the world's leading manufacturer of large cruising and touring motorcycles, posted a third-quarter profit of $150.1 million, or 69 cents a share, down from $162.7 million, or 73 cents a share, a year ago.

    Revenue slipped 1.3 percent to $1.3 billion.

    Analysts, on average, expected Harley-Davidson to post a profit of 60 cents a share on sales of $1.1 billion, according to Thomson Reuters I/B/E/S.

    (Reporting by James B. Kelleher in Denver)