Polaris 2020 Third Quarter Results
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Polaris Industries (PII) Tops Q3 EPS by 47c, Revenues Beat; Raises FY20 EPS Guidance Above Consensus
October 27, 2020 5:45 AM EDTPolaris Industries (NYSE: PII) reported Q3 EPS of $2.66, $0.47 better than the analyst estimate of $2.19. Revenue for the quarter came in at $1.95 billion versus the consensus estimate of $1.93 billion.
Financial and Operational Highlights
Third quarter reported and adjusted sales increased 10% to $1,955 million and $1,953 million, respectivelyThird quarter reported net income was $2.66 per share; adjusted net income for the same period was $2.85 per shareNorth American retail sales increased 15% for the quarter compared to last year led by strength in ORV, Motorcycles and Snow. Boats retail sales were also strong during the... More