Polaris Q3 Adj. EPS $2.71 Beats $2.69 Estimate, Sales $2.25B Miss $2.25B Estimate
Portfolio Pulse from Benzinga Newsdesk
Polaris (NYSE:PII) reported Q3 adjusted earnings of $2.71 per share, beating the analyst consensus estimate of $2.69 by 0.74 percent. However, this is a 16.62 percent decrease from the same period last year. The company's quarterly sales of $2.25 billion missed the analyst consensus estimate by 0.04 percent, marking a 3.93 percent decrease from the same period last year.
October 24, 2023 | 10:03 am
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NEGATIVE IMPACT
Polaris reported a decrease in Q3 earnings and sales compared to last year, despite beating EPS estimates. This could potentially impact investor sentiment.
Polaris reported a decrease in both earnings and sales compared to the same period last year. Despite beating the EPS estimate, the overall decrease could potentially lead to negative investor sentiment, impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100