Weak guidance trips up Polaris Industries

Shares of Polaris Industries (PII -6.3%) stumble despite the company besting estimates on both its top and bottom lines.

Investors are focusing on weak guidance from Polaris. The company sees FY14 EPS of $6.17-$6.37 vs. $6.64 consensus and revenue of $4.19B-$4.31B vs. $4.31 consensus.

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Comments (3)
  • John Alford
    , contributor
    Comments (269) | Send Message
    Gonna have to digest the full conference call, but the recent headwinds (last week's over-all market fall and now today's reaction to guidance) likely a good buying opportunity. I still like Polaris Industries as a diversified vehicle manufacturer and the prospects of their incarnation of Indian Motorcycles are the best yet. http://seekingalpha.co...
    28 Jan 2014, 12:13 PM Reply Like
  • jeanewight
    , contributor
    Comments (344) | Send Message
    i feel like vomiting when i see this stock being pummeled even though it beat on both counts.It is my #2 stock. Last year was incredible. I hate the stock market and the way it jumps on any crumb of negativity when there is so much to be positive about. SCREAM!
    28 Jan 2014, 06:24 PM Reply Like
  • John Alford
    , contributor
    Comments (269) | Send Message
    Agreed. The use of "investor" in the news is poor-I would say "traders" are focusing on guidance and "investors" are looking at annual or longer results and a 10% off sale in the company.
    29 Jan 2014, 12:53 PM Reply Like
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