Harman International Industries Inc (HAR)
16 Sep 2014
|Market Cap (Mil.):||$7,574.51|
|Shares Outstanding (Mil.):||68.10|
- Harman International Industries Inc, maker of JBL and Harman Kardon audio systems, forecast full-year profit below market estimates as it spends more to boost production in lower-cost countries.
* Indexes off: Dow 0.3 pct, S&P 0.4 pct, Nasdaq 0.3 pct (Recasts, updates prices, changes comment, adds Aetna, Harman)
- Harman International Industries Inc , maker of JBL and Harman Kardon audio systems, forecast full-year profit below market estimates as it spends more to boost production in lower-cost countries.
* Shares fall as much as 6 pct (Adds CEO comments, details from conference call; updates shares)
Aug 7 - Harman International Industries Inc , reported a 22 percent rise in quarterly revenue, helped by strong sales of its car entertainment and home audio products.
- Harman International Industries Inc raised its full-year forecast for the second time on strong demand for its audio and navigation systems from European luxury carmakers.
* Raises 2014 adj earnings forecast to $4.36/share from $4.16
- Harman International Industries Inc raised its full-year forecast for the second time after strong sales of its infotainment systems to European luxury carmakers such as BMW and Volkswagen helped it report a better-than-expected quarterly profit.
May 1 - Harman International Industries Inc reported a 32 percent rise in quarterly revenue, helped by strong sales of its infotainment systems to luxury carmakers such as BMW and Volkswagen.
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Earnings vs. Estimates
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Trading Report for (HAR). A detailed report, including free correlated market analysis, and updates.
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