Off-Road and powersports vehicle corporation Polaris (NYSE:PII) will be announcing earnings results tomorrow morning. Here’s what you need to know.
Polaris beat analysts’ revenue expectations by 5.9% last quarter, reporting revenues of $1.78 billion, down 22.9% year on year. It was a strong quarter for the company, with a decent beat of analysts’ EPS estimates.
Is Polaris a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Polaris’s revenue to decline 12.9% year on year to $1.53 billion, improving from the 19.9% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.91 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Polaris has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Polaris’s peers in the consumer discretionary segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Brunswick’s revenues decreased 10.5% year on year, beating analysts’ expectations by 7.9%, and Hasbro reported revenues up 17.1%, topping estimates by 14.8%. Brunswick traded up 3.6% following the results while Hasbro was also up 15.9%.
Read our full analysis of Brunswick’s results here and Hasbro’s results here.
Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the consumer discretionary stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 5.7% on average over the last month. Polaris is down 16.2% during the same time and is heading into earnings with an average analyst price target of $41.42 (compared to the current share price of $34.30).
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