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Polaris Industries Inc Issues FY 2013 Guidance Below Analysts' Estimates

Tuesday, 29 Jan 2013 06:00am EST 

Polaris Industries Inc announced that for fiscal 2013, it expects earnings per share (EPS) to be in the range of $4.85-$5.05 per diluted share, which represents an increase of 10% to 15% compared to full year 2012 earnings. Net income for fiscal 2013 is expected to increase in the range of 10% to 15% over full year 2012. Sales for fiscal 2013 are expected to increase 7% to 10% over fiscal 2012 sales, with sales increases projected in Off-Road Vehicles, On-Road Vehicles and PG&A. The Company reported net income of $312.3 million and revenue of $3.209 billion in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $5.18, net income of $367 million and revenue of $3.63 billion for fiscal 2013. 

Company Quote

2.19 +1.54%
17 Dec 2014