Polaris publishes Q3 2026 earnings call transcript
PII•Polaris raised its 2026 operational adjusted EPS guidance to $2.40-$2.50 from $2.05-$2.15, excluding tariff refunds, and forecast full-year sales of $7.55 billion-$7.6 billion. Third-quarter operational adjusted EPS was $0.95, compared with $0.41 a year earlier.
1. Higher 2026 outlook
Polaris raised its 2026 operational adjusted EPS guidance to $2.40-$2.50 from $2.05-$2.15, excluding tariff refunds, citing utility demand. It now forecasts full-year sales of $7.55 billion-$7.6 billion, implying approximately 11% organic growth at the midpoint. Third-quarter operational adjusted EPS reached $0.95 versus $0.41 a year earlier, with approximately $0.30 shifted forward from the fourth quarter.
2. Costs and estimates
Management called 2027 analyst estimates high, citing tariff refunds in the comparison base, and said first-half commodity headwinds could reach approximately $70 million.
