Polaris reports Q3 adjusted EPS 41c, consensus 23c

Reports Q3 revenue $1.84B, consensus $1.79B. The company said, “I’m incredibly proud of the Polaris (PII) team – their efforts are reflected in this quarter’s performance. Polaris delivered strong third quarter results with $1.8 billion in sales. In addition to the On Road and Marine businesses outpacing their respective industries, we achieved meaningful market share gains in Off Road in the quarter. Our operational discipline, dealer inventory alignment, and innovation pipeline have us positioned to deliver for dealers and customers, drive profitable growth and create greater value for our shareholders. Building on our current momentum, we remain committed to executing our long-term strategy and I am confident in the Polaris team’s ability to finish the year strong.”