-+ 0.00%
-+ 0.00%
-+ 0.00%
Polaris Inc: Q3 Earnings Snapshot
Share
Listen to the news

MEDINA, Minn. (AP) — MEDINA, Minn. (AP) — Polaris Inc. (PII) on Tuesday reported third-quarter earnings of $38.4 million.

The Medina, Minnesota-based company said it had net income of 66 cents per share. Earnings, adjusted for non-recurring costs and amortization costs, came to $1.08 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.

The snowmobile and ATV maker posted revenue of $2.04 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $1.92 billion.

Polaris Inc expects full-year earnings in the range of $3.50 to $3.60 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PII at https://www.zacks.com/ap/PII

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending