Polaris Revised FY23 Sales Growth Outlook To +3% - +5% (From +3% - +6%); Adj. EPS Growth to -8% to -4% (From -2% to +3%)
Portfolio Pulse from Benzinga Newsdesk
Polaris has revised its FY23 sales growth outlook to +3% - +5%, down from the previous +3% - +6%. The company also adjusted its EPS growth to -8% to -4%, a decrease from the earlier -2% to +3%.
October 24, 2023 | 10:08 am
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NEGATIVE IMPACT
Polaris has lowered its FY23 sales growth and EPS growth forecasts. This could potentially impact investor sentiment and the company's stock price.
Polaris' revised FY23 sales growth and EPS growth forecasts are lower than previously expected. This could lead to negative investor sentiment, potentially causing a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100