Polaris 2020 First Quarter Results
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Polaris Industries (PII) Misses Q1 EPS by 33c
April 28, 2020 6:11 AM EDTPolaris Industries (NYSE: PII) reported Q1 EPS of $0.22, $0.33 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $1.41 billion versus the consensus estimate of $1.41 billion.
First quarter reported sales decreased 6% to $1,405 millionFirst quarter reported net loss was $0.09 per share; adjusted net income for the same period was $0.22 per shareFirst quarter North American retail sales decreased high-single digits percent for the quarter compared to last year; Indian motorcycles retail sales were up low-single digits percentThe Company entered into an incremental $300 million 364-day unsecured... More