Polaris reports Q4 adjusted EPS 92c, consensus 90c

Reports Q4 revenue $1.76B, consensus $1.68B. The company said, ” Amid a tough year for the powersports industry, I’m proud of the Polaris (PII) team’s disciplined focus to make progress within the areas we can control. We were relentless in our efforts, resulting in continued innovation leadership with our products, a 16-percent reduction in ORV dealer inventory, and an operational efficiency savings goal that was exceeded by over $100 million. Polaris has weathered storms before, and we believe we are positioning our organization to emerge from this downcycle even stronger. While I anticipate challenging headwinds will carry forward into 2025, we will remain focused on being a strong partner to our dealers, providing our riders with high quality products and working to deliver long-term value to shareholders.”