UBS Remains Sidelined on Polaris Industries (PII) Following Updated guidance
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Polaris Updates 2016 Full-Year Guidance
September 12, 2016 9:01 AM EDTMINNEAPOLIS--(BUSINESS WIRE)-- Polaris Industries Inc. (NYSE: PII) today provided an update to its full-year guidance. The Company now expects full-year 2016 earnings to be in the range of $3.30 to $3.80 per diluted share, $2.50 to $2.70 per diluted share lower than previously expected of which approximately two-thirds is expected to be incurred in the third quarter. Polaris also expects total Company sales for the full-year 2016 to be down in the mid to high-single digit percent range compared to previously issued guidance of flat to down two percent.
Since Polaris last updated its full year... More
