Polaris Inc: Q2 Earnings Snapshot

MEDINA, Minn. — MEDINA, Minn. — Polaris Inc. (PII) on Tuesday reported second-quarter profit of $68.7 million.

The Medina, Minnesota-based company said it had net income of $1.21 per share. Earnings, adjusted for restructuring costs and amortization costs, came to $1.38 per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.27 per share.

The snowmobile and ATV maker posted revenue of $1.96 billion in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $2.14 billion.

ncG1vNJzZmivp6x7uK3SoaCnn6Sku7G70q1lnKedZK%2B2v8innKyrX2d9c4COaW5oamNksqK%2Bzaxkqaeclr%2Bqv4yipZxnlJmuprGVbWdmbGiZr259kJ6dZnFhaYZur5Zum5ptlJmGc3yQmKqtp6Kue6nAzKU%3D