Polaris(US:PII) ZACKSยท2024-10-21 14:21Earnings Forecast - Polaris Inc is predicted to post quarterly earnings of $0.87 per share, reflecting a decline of 67.9% compared to the same period last year [1] - Revenues are forecasted to be $1.77 billion, representing a year-over-year decrease of 21.1% [1] - The consensus EPS estimate has been revised 0.2% lower over the last 30 days, indicating a reevaluation by analysts [1] Sales Estimates - The consensus estimate for 'Sales- Marine' stands at $129.70 million, indicating a change of -3.4% from the prior-year quarter [2] - The average prediction for 'Sales- On-Road' is $231.65 million, reflecting a change of -14.3% from the year-ago quarter [2] - 'Sales- Off-Road' is expected to reach $1.43 billion, indicating a change of -22.7% from the prior-year quarter [2] Gross Profit Estimates - Analysts predict 'Gross profit- Marine' will reach $24.53 million, compared to $24.30 million reported in the same quarter of the previous year [3] - 'Gross profit- Off-Road' is expected to be $305.72 million, down from $425.50 million reported in the same quarter last year [3] - 'Gross profit- On-Road' is anticipated to come in at $47.51 million, compared to $57.70 million reported in the same quarter of the previous year [3] Stock Performance - Polaris Inc shares have witnessed a change of -2.1% in the past month, contrasting with the Zacks S&P 500 composite's +4.5% move [3] - With a Zacks Rank 3 (Hold), Polaris Inc is expected to closely follow the overall market performance in the near term [3]