Benzinga | Jan 25, 2022 07:09AM EST

Recap: Polaris Q4 Earnings



Polaris (NYSE:PII) reported its Q4 earnings results on Tuesday, January 25, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Polaris beat estimated earnings by 6.4%, reporting an EPS of $2.16 versus an estimate of $2.03, which did not surprise analysts.

Revenue was up $14.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01, which was followed by a 0.85% increase in the share price the next day.

Here's a look at Polaris's past performance:



Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 1.97 2.18 1.6 2.90EPS Actual 1.98 2.70 2.3 3.34Revenue Estimate 2.13B 2.10B 1.86B 2.11BRevenue Actual 1.96B 2.12B 1.95B 2.16B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Polaris management provided guidance for their next quarter, expecting earnings between $10.1 and $10.4 per share for the next quarter.

This represents a 374.54% in quarter-over-quarter growth for Polaris, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.