Polaris Industries Inc. (PII) reported first quarter net income of $0.85 per share Wednesday morning, up from $0.67 in the previous year. The consensus estimate was for EPS of $0.76. The company also increased its full year 2012 EPS forecast to between $3.85 and $4.00, from prior expectations of $3.65 to $3.80. The consensus estimate is for EPS of $3.85.
Polaris Industries gapped open higher Wednesday and rose throughout the first hour of trade. Shares advanced further in the early afternoon and closed up by 7.37 at $80.50, with volume at a 6-month high. The stock broke out of a 3-week range and set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.