Polaris Industries (NYSE: PII ) reported earnings on Jan. 29. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Polaris Industries beat slightly on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share expanded significantly.
Margins grew across the board.
Polaris Industries tallied revenue of $900.6 million. The 12 analysts polled by S&P Capital IQ expected revenue of $890.9 million on the same basis. GAAP reported sales were 15% higher than the prior-year quarter's $788.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.24. The 12 earnings estimates compiled by S&P Capital IQ predicted $1.23 per share. GAAP EPS of $1.24 for Q4 were 38% higher than the prior-year quarter's $0.90 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 29.0%, 210 basis points better than the prior-year quarter. Operating margin was 14.8%, 280 basis points better than the prior-year quarter. Net margin was 9.7%, 160 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $771.2 million. On the bottom line, the average EPS estimate is $1.02.
Next year's average estimate for revenue is $3.64 billion. The average EPS estimate is $5.17.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 278 members out of 316 rating the stock outperform, and 38 members rating it underperform. Among 96 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 87 give Polaris Industries a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Polaris Industries is outperform, with an average price target of $99.82.
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