PII Stock Recent News

MINNEAPOLIS , July 25, 2024 /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.66 per share payable on September 16, 2024 to shareholders of record at the close of business on September 3, 2024. About Polaris As the global leader in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954.

Polaris stock has returned a negative 37.6% against the S&P 500's 22.9% return in the past year. Q2 financial results show a 16% decrease in sales and a 71% drop in net income compared to 2023. The dividend would need to grow at a CAGR of 5% for shareholders to match cash flows of a Treasury Note, making PII stock a poor investment choice.

Although the revenue and EPS for Polaris Inc (PII) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Polaris Inc (PII) came out with quarterly earnings of $1.38 per share, missing the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $2.42 per share a year ago.

Polaris Inc.'s stock PII, +0.75% tumbled 11% early Tuesday, after the power sports vehicles maker posted weaker-than-expected second-quarter earnings and slashed its full-year guidance. The Minneapolis-based company had net income of $58.7 million, or $1.21 a share, for the quarter, down sharply from $134.3 million, or $2.32 a share, in the year-earlier period.

MINNEAPOLIS , July 23, 2024 /PRNewswire/ -- Polaris Inc. (NYSE: PII) reported second quarter 2024 financial results today through an earnings release posted on the Company's Investor Relations website at ir.polaris.com. The earnings release will be furnished with the Securities and Exchange Commission on a Form 8-K and is available at sec.gov.

TORONTO, ON / ACCESSWIRE / July 22, 2024 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris" or the "Company") is pleased to announce it will be holding its Earnings Conference Call and Webcast to report its Q2 2024 Earnings Results on Thursday, August 1st, 2024, at 10:00 am EST. To listen to the call, please dial Toll Free 888-506-0062 or International Toll-Free Number 973-528-00-11 entry code 100892.

MINNEAPOLIS , July 19, 2024 /PRNewswire/ -- Polaris Inc. (NYSE: PII) announced that its President of Off Road Steve Menneto is leaving for a new career opportunity. "From his start as a part of the sales team, to overseeing our Motorcycles business, to these last five years leading our Off Road team, I want to thank Steve for the lasting contributions he made over his 27-year tenure at Polaris.

Polaris Inc (PII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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