Polaris Industries Earnings Preview: Can This Streak Continue?
Polaris Industries (NYSE:PII) will report earnings before markets open on Tuesday, July 23rd. Polaris Industries Inc. designs, engineers, and manufactures snowmobiles, all terrain vehicles, motorcycles, and personal watercraft. The Company markets its products, together with related replacement parts, garments, and accessories through dealers and distributors located in the United States, Canada, and Europe.
Here is your Cheat Sheet to Polaris Industries Earnings:
Earnings Expectations: Analysts expect earnings of $1.11 per share on revenues of $838.75 million. Currently, the company’s P/E ratio stands at 22.00.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.51 to a profit $1.57. For the current year, the average estimate is a profit of $5.23, which is better than the estimate ninety days ago.
Here’s how Polaris Industries has been performing on an annual basis:
|Revenue ($) in millions||1,948||1,566||1,991||2,657||3,210|
|Diluted EPS ($)||1.75||1.52||2.14||3.20||4.40|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||755.45||879.94||900.65||745.91|
|Diluted EPS ($)||0.98||1.33||1.24||1.07|
Polaris Industries has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)