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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Polaris Industries has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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)