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Polaris Inc: Q3 Earnings Snapshot

By AP News
Published

MEDINA, Minn. (AP) — MEDINA, Minn. (AP) — Polaris Inc. (PII) on Tuesday reported third-quarter earnings of $151.7 million.

The Medina, Minnesota-based company said it had net income of $2.62 per share. Earnings, adjusted for amortization costs and restructuring costs, came to $2.71 per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.72 per share.

The snowmobile and ATV maker posted revenue of $2.25 billion in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $2.24 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PII at https://www.zacks.com/ap/PII

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