Polaris Industries (PII) Reports In-Line Q4 EPS, Revs Beat; Issues Solid Outlook
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Polaris Reports 2017 Fourth Quarter and Full Year Results
January 30, 2018 6:00 AM ESTReported sales for the fourth quarter of 2017 increased 18% to a record $1,431 million; adjusted sales were $1,430 million, up 17%, a majority from organic growth Fourth quarter 2017 reported net income was $0.49 per diluted share; adjusted net income for the same period was $1.47 per diluted share, in-line with expectations and up 25% over the prior year Full year 2017 reported net income was $2.69 per diluted share; adjusted net income for the same period was $4.85 per diluted share, in-line with previously issued guidance. Reported and adjusted sales for the full year of 2017 increased 20% to $5,428 million... More
