Polaris Industries (PII) Tops Q4 EPS by 26c, Revenues Beat; Offers FY21 EPS/Revenue Guidance Above Consensus

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Polaris Fourth Quarter & Full Year 2020 Results

January 26, 2021 5:00 AM EST

Fourth quarter reported and adjusted sales increased 24% to $2,156 million

Fourth quarter reported net income was $3.15 per share; adjusted net income for the same period was $3.34 per share

Full year reported sales increased 4% to $7,028 million

Full 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 guidance

North American retail sales increased 28% for the quarter compared to last year led by strength in ORV, Motorcycles... More