News Summary

Shares of Harley-Davidson Inc HOG fell about 3% after the company reported its Q1 earnings at $119.3 million, or $0.51 per share, up from $33.3 million, or $0.14 per share, in the year-earlier period. The company's revenue increased to $1.06 billion from $1.04 billion. However, analysts were expecting earnings of $0.55 per share. Shares of State Street Corp STT gained about 2.7% after the company reported its Q1 profit at $471 million, or $0.93 per share, compared with $495 million, or $0.99 per share, in the year-earlier period. The company's total revenue increased 3% to $2.36 billion. The company's operating earnings were $0.88 per share. However, analysts were expecting earnings of $0.85 per share. Shares of Johnson & Johnson JNJ gained about 3% after the company reported its Q1 earnings at $3.48 billion, or $1.25 per share, versus $4.53 billion, or $1.62 per share, in the year-earlier period. On an adjusted basis, the company's earnings came in at $1.35 per share. The company's revenue increased 3.5% to $16.2 billion. However, analysts were expecting earnings of $1.25 per share on revenue of $15.75 billion. The company raised its earnings forecast for the full year to a range of $4.90 to $5 per share, from $4.80 to $4.90 per share. However, analysts projected earnings of $4.84 per share for the full year. Read more from Benzinga's Markets.