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Polaris Q1 Profit Beats Estimates


RTTNews | Apr 27, 2021 05:16AM EDT

05:16 Tuesday, April 27, 2021 (RTTNews.com) - Polaris (PII) reported first quarter adjusted net income of $146 million, or $2.30 per share compared to $14 million, or $0.22 per share, prior year. On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $1.59, for the quarter. Analysts' estimates typically exclude special items. Net income was $134 million, or $2.11 per share, compared to a net loss of $5 million, or $0.09 per share, a year ago.

First quarter sales were $1.95 billion, up 39 percent from prior year. Analysts expected revenue of $1.86 billion, for the quarter.

Read the original article on RTTNews ( https://www.rttnews.com/3188354/polaris-q1-profit-beats-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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