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Polaris Industries Q2 adjusted earnings Beat Estimates

Polaris Industries (PII) revealed a profit for second quarter that declined from the same period last year.

The company's profit came in at $88.26 million, or $1.42 per share. This compares with $92.54 million, or $1.43 per share, in last year's second quarter.

Excluding items, Polaris Industries reported adjusted earnings of $107.48 million or $1.73 per share for the period.

Analysts had expected the company to earn $1.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 18.7% to $1.78 billion from $1.50 billion last year.

Polaris Industries earnings at a glance:

-Earnings (Q2): $107.48 Mln. vs. $114.61 Mln. last year.
-EPS (Q2): $1.73 vs. $1.77 last year.
-Analysts Estimate: $1.65
-Revenue (Q2): $1.78 Bln vs. $1.50 Bln last year.

-Guidance:
Full year EPS guidance: $6.10 to $6.30

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