Polaris

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Kennison said he expects the company to reporta full-yearr profit of $2.90 per share, close to the high-enf of the company’s estimated range of between $2.50 and $3 per share. Analystsw polled by Thomson Reuters were expectingf earningsof $2.68 per share. “Despitre stiff economic headwinds...., management has expressed confidencwe in its outlook citingmargin initiatives. This team has credibilityu with us, leaving us comfortable at the end of Kennison wrote. Polaris (NYSE: PII) early this month announcedf it , though it offeredr few details.
Kennison speculated Poaris might releasea “low-speed He also noted that the company’s new CEO, Scotrt Wine, has a military background. Wine said with the Busineszs Journal earlier this year that he plannedd to expandthe company’d international and military businesses. Polaris stocl was up $3.09 per share, or 10.8 percent, to $31.6y near the close of trading Friday.