Polaris Reports 2019 Second Quarter Results
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Polaris Industries (PII) Tops Q2 EPS by 8c, Revenues Beat; Offers Adjusted FY19 EPS Guidance Above Consensus
July 23, 2019 6:02 AM EDTPolaris Industries (NYSE: PII) reported Q2 EPS of $1.73, $0.08 better than the analyst estimate of $1.65. Revenue for the quarter came in at $1.78 billion versus the consensus estimate of $1.77 billion.
Reported and adjusted sales for the second quarter of 2019 increased 18% to $1,779 millionReported net income was $1.42 per diluted share, down 1% over the prior year; adjusted net income for the same period was $1.73 per diluted share, down 2% over the prior yearNorth American Side-by-side retail sales increased low-single digits percent for the quarter compared to last year; Indian retail sales were down high-single digits percent,... More