Polaris Industries Beats on Revenue, Matches Expectations on EPS
Polaris Industries (NYS: PII) reported earnings on Jan. 29. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Polaris Industries beat slightly on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share expanded significantly.
Margins grew across the board.
Polaris Industries tallied revenue of $900.6 million. The 12 analysts polled by S&P Capital IQ expected revenue of $890.9 million on the same basis. GAAP reported sales were 15% higher than the prior-year quarter's $788.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.24. The 12 earnings estimates compiled by S&P Capital IQ predicted $1.23 per share. GAAP EPS of $1.24 for Q4 were 38% higher than the prior-year quarter's $0.90 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 29.0%, 210 basis points better than the prior-year quarter. Operating margin was 14.8%, 280 basis points better than the prior-year quarter. Net margin was 9.7%, 160 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $771.2 million. On the bottom line, the average EPS estimate is $1.02.
Next year's average estimate for revenue is $3.64 billion. The average EPS estimate is $5.17.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 278 members out of 316 rating the stock outperform, and 38 members rating it underperform. Among 96 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 87 give Polaris Industries a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Polaris Industries is outperform, with an average price target of $99.82.
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The article Polaris Industries Beats on Revenue, Matches Expectations on EPS originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends Polaris Industries. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.