Polaris Fourth Quarter & Full Year 2020 Results
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Polaris Industries (PII) Tops Q4 EPS by 26c, Revenues Beat; Offers FY21 EPS/Revenue Guidance Above Consensus
January 26, 2021 5:54 AM ESTPolaris Industries (NYSE: PII) reported Q4 EPS of $3.15, $0.26 better than the analyst estimate of $2.89. Revenue for the quarter came in at $2.16 billion versus the consensus estimate of $2.1 billion.
Fourth quarter reported and adjusted sales increased 24% to $2,156 millionFourth quarter reported net income was $3.15 per share; adjusted net income for the same period was $3.34 per shareFull year reported sales increased 4% to $7,028 millionFull year 2020 reported net income was $1.99 per diluted share; adjusted net income for the same period was $7.74 per diluted share, exceeding the high-end of previously issued guidanceNorth... More