Polaris (NYSE:PII) reported its Q4 earnings results on Tuesday, January 25, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Polaris beat estimated earnings by 6.4%, reporting an EPS of $2.16 versus an estimate of $2.03, which did not surprise analysts.
Revenue was up $14.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01, which was followed by a 0.85% increase in the share price the next day.
Here's a look at Polaris's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.97 | 2.18 | 1.6 | 2.90 |
| EPS Actual | 1.98 | 2.70 | 2.3 | 3.34 |
| Revenue Estimate | 2.13B | 2.10B | 1.86B | 2.11B |
| Revenue Actual | 1.96B | 2.12B | 1.95B | 2.16B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Polaris management provided guidance for their next quarter, expecting earnings between $10.1 and $10.4 per share for the next quarter.
This represents a 374.54% in quarter-over-quarter growth for Polaris, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
