Polaris Analysts Boost Their Forecasts After Better-Than-Expected Q2 Earnings
Polaris Inc PII reported better-than-expected second-quarter financial results on Tuesday.Polaris posted adjusted earnings of 40 cents per share, compared to market estimates of a loss of 4 cents per share. The company's quarterly sales came in at $1.852 billion beating expectations of $1.720 billion.Polaris said it sees third-quarter sales of $1.600 billion to $1.800 billion, versus estimates of $1.671 billion.Polaris shares gained 7.8% to trade at $53.32 on Wednesday.These analysts made changes to their p ...