Polaris Cuts 2024 Adjusted EPS Forecast To Be Down Approximately 65% Y/Y Vs. Prior Outlook Of Down 56% - 62%
Portfolio Pulse from Benzinga Newsdesk
Polaris has revised its 2024 adjusted EPS forecast, expecting a decline of approximately 65% year-over-year, compared to the previous outlook of a 56% to 62% decrease.
October 22, 2024 | 10:07 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Polaris has lowered its 2024 adjusted EPS forecast, now expecting a 65% decline year-over-year, which is worse than the previous forecast of a 56% to 62% decrease.
The downward revision in Polaris's EPS forecast indicates potential financial challenges, likely leading to negative investor sentiment and a short-term decline in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100