Polaris Industries (PII) Tops Q4 EPS by 1c, Revenues Miss; Offers FY19 EPS Guidance Below Consensus
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Polaris Fourth Quarter & Full Year 2018 Results
January 29, 2019 6:00 AM ESTFourth Quarter & Full Year 2018 Highlights
Reported and adjusted sales for the fourth quarter of 2018 increased 14% to $1,627 million
Fourth quarter reported net income was $1.47 per diluted share, up 200% over the prior year; adjusted net income for the same period was $1.83 per diluted share, up 19% over the prior year
Full year 2018 reported net income was $5.24 per diluted share up 95%; adjusted net income for the same period was $6.56 per diluted share, up 29%, which was near the high-end of previously issued guidance. Reported and adjusted sales for the full year of 2018 increased 12% to $6,079 million and $6,083... More
