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Polaris First Quarter 2021 Earnings Results

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Polaris Inc. (NYSE: PII) reported strong Q1 results with sales of $1.95 billion, a 39% increase year-over-year. The net income attributable to Polaris was $134.1 million, reflecting significant growth. The company's robust performance is attributed to increased demand and market share gains in the powersports industry. Future guidance remains positive, indicating a potential continuation of this growth trend.

Positive
  • Q1 sales of $1.95 billion, up 39% YOY.
  • Net income attributable to Polaris increased to $134.1 million.
Negative
  • None.

Polaris Inc. (NYSE: PII):

Key Financial Data

 

(in millions, except per share data)

 

 

 

 

 

 

 

 

INCOME STATEMENT - Q1 March 31, 2021

Reported

 

YOY % Chg.

 

 

Adjusted*

 

YOY % Chg.

Sales

$

1,951.1

 

 

39%

 

 

$

1,951.1

 

 

39%

Net income attributable to Polaris

$

134.1

 

 

NM

 

 

$

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FAQ

What were Polaris Inc.'s sales figures for Q1 2021?

Polaris Inc. reported sales of $1.95 billion for Q1 2021.

How much was the net income for Polaris Inc. in Q1 2021?

The net income attributable to Polaris Inc. was $134.1 million in Q1 2021.

What is the year-over-year sales growth for Polaris Inc. in Q1 2021?

Polaris Inc. experienced a 39% year-over-year sales growth in Q1 2021.

What is Polaris Inc.'s stock symbol?

Polaris Inc.'s stock symbol is PII.

What is the future outlook for Polaris Inc. based on the recent performance?

Polaris Inc. maintains a positive outlook for continued growth based on strong Q1 performance.

Polaris Inc.

NYSE:PII

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52.34M
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