Polaris Reports 2018 Second Quarter Results
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Polaris Industries (PII) Tops Q2 EPS by 15c, Revenues Beat; Boosts FY18 EPS Guidance
July 25, 2018 6:06 AM EDTPolaris Industries (NYSE: PII) reported Q2 EPS of $1.77, $0.15 better than the analyst estimate of $1.62. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.45 billion.
Q2 2018 Highlights
Reported sales for the second quarter of 2018 increased 10% to $1,503 million; adjusted sales increased 11% to 1,505 millionReported net income was $1.43 per diluted share, up 47% over the prior year; adjusted net income for the same period was $1.77 per diluted share, up 45% over the prior yearNorth American retail sales increased 6% for the quarter; ORV N.A. retail sales were up mid-single digits % with both... More