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Polaris Inc. Q2 Earnings Summary; Updates Sales Outlook - Update

(Adds Outlook)

Below are the earnings highlights for Polaris Inc. (PII):

Earnings: -$4.6 million in Q2 vs. $158.4M in the same period last year.
EPS: -$0.08 in Q2 vs. $2.52 in the same period last year.
Analysts projected $2.1 per share
Revenue: $2.062 billion in Q2 vs. $1.911 billion in the same period last year.

Outlook:

Looking ahead, for the fiscal 2022, the Group now expects its sales to increase 13 percent to 16 percent, versus prior guidance of 12 percent to 15 percent.

In addition, for the full year, Polaris now projects adjusted EPS from continuing operations to be in the range of $10.10 - $10.30, an increase of 11 percent to 14 percent from 2021.

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