Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of vehicle maker Polaris Industries (NYSE: PII) have soared today by as much as 11% after the company reported first-quarter earnings.

So what: Both top and bottom lines destroyed the market's expectations, with sales adding up to $673.8 million and earnings per share of $0.85. Compare those figures to the consensus estimates of $612.5 million in revenue and earnings per share of $0.77, and today's jump makes plenty of sense.

Now what: Following up the strong quarter, the company is also raising its full-year guidance with earnings expected to be $3.85-$4.00 per share. Wells Fargo has also come out with an upgrade to "outperform" and a price target range of $84 to $88. It looks like this recent official Fool recommendation is off to a strong start on the Stock Advisor scorecard.

Interested in more info on Polaris Industries? Add it to your watchlist by clicking here.

Fool contributor Evan Niu holds no position in any company mentioned. Click here to see his holdings and a short bio. Motley Fool newsletter services have recommended buying shares of Polaris Industries. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.