Polaris Inc: Q1 Earnings Snapshot

Published: 2025-04-29 06:13:10 ET PII

MEDINA, Minn. (AP) — MEDINA, Minn. (AP) — Polaris Inc. (PII) on Tuesday reported a loss of $66.8 million in its first quarter.

On a per-share basis, the Medina, Minnesota-based company said it had a loss of $1.17. Losses, adjusted for non-recurring costs and amortization costs, were 90 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 91 cents per share.

The snowmobile and ATV maker posted revenue of $1.54 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $1.51 billion.

For the current quarter ending in June, Polaris Inc said it expects revenue in the range of $1.6 billion to $1.8 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PII at https://www.zacks.com/ap/PII

For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News