Why Polaris (PII) Shares Are Falling Today : vimarsana.com

Why Polaris (PII) Shares Are Falling Today

Shares of off-Road and powersports vehicle corporation Polaris (NYSE:PII) fell 5.9% in the pre-market session after the company reported fourth-quarter results, which missed Wall Street's EPS and operating margin expectations, though revenue beat. Management called out "unexpected operational challenges" and added that the company's end markets will "remain challenged in 2024". Guidance was also weak, as 2024 EPS will be 10-15% below this year's. Overall, it was a weak quarter for the company.

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