Polaris Reports 2016 Second Quarter Results

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Polaris Industries (PII) Tops Q2 EPS by 4c; Lowers Outlook

July 20, 2016 6:21 AM EDT

Polaris Industries (NYSE: PII) reported Q2 EPS of $1.09, $0.04 better than the analyst estimate of $1.05. Revenue for the quarter came in at $1.14 billion versus the consensus estimate of $1.1 billion.

GUIDANCE:

Polaris Industries sees FY2016 EPS of $6.00-$6.30, versus the consensus of $6.26.

Our teams diligent and methodical execution drove a modest increase in second quarter sales despite a strong year-over-year sales... More