Polaris (PII) reported a third quarter net loss to company of $15.8 million compared to net income of $27.7 million, last year. Loss per share was $0.28 compared to profit of $0.49. Adjusted EPS attributable to Polaris declined to $0.41 from $0.73. Analysts on average expected the company to report profit per share of $0.23, for the quarter. Analysts' estimates typically exclude special items.
Sales were $1.84 billion compared to $1.72 billion, prior year. Adjusted sales increased to $1.84 billion from $1.72 billion.
For the full year, the company projects adjusted sales to be $6.9 billion to $7.1 billion, in line with original guidance provided in January. Adjusted loss per share is expected to be approximately $0.05. Excluding the impact of tariffs, the company believes adjusted profit per share would be in line with the original guidance provided in January at approximately $1.10.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.