Polaris Inc: Q4 Earnings Snapshot

MEDINA, Minn. (AP) — MEDINA, Minn. (AP) — Polaris Inc. (PII) on Tuesday reported fourth-quarter earnings of $103.4 million.

On a per-share basis, the Medina, Minnesota-based company said it had profit of $1.81. Earnings, adjusted for restructuring costs and amortization costs, came to $1.98 per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.67 per share.

The snowmobile and ATV maker posted revenue of $2.29 billion in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $2.25 billion.

For the year, the company reported profit of $502.8 million, or $8.71 per share. Revenue was reported as $8.93 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PII at https://www.zacks.com/ap/PII