Polaris Industries Inc. Has Risen To A New High After Q3 Report

Polaris Industries Inc. (PII) reported third quarter EPS of $0.94 Thursday morning, which declined from the $1.13 posted last year, but exceeded the consensus estimate of $0.85. The company expects to report fourth quarter EPS of $1.19 to $1.25 and full year EPS of $2.92 to $2.98. The consensus estimates are for EPS of $1.13 and $2.77 respectively.

Polaris Industries Inc. gapped open higher Thursday and has continued to gain ground. Shares are now up 2.69 at $46.69. The stock has been rising for the last week and a half and is now trading at a new high for the year.

by RTTNews Staff Writer

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