While reporting financial results for the fourth quarter and fiscal 2024 on Tuesday, automotive manufacturer Polaris Industries Inc. (PII) initiated adjusted earnings and sales growth guidance for the full-year 2025.
For fiscal 2025, the company now projects adjusted earnings per share to be down about 65 percent on a sales decline of 1 to 4 percent from last year. On average, analysts polled expect the company to report earnings of $3.33 per share on a sales decline of 1.2 percent to $7.02 billion for the year. Analysts' estimates typically exclude special items.
The Company expects margin headwinds from negative mix, planned reductions in production leading to negative absorption in addition to the restoration of the Company's employee profit-sharing program.
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