Tuesday, September 27, 2011

Polaris

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Kennison said he expects the company to reportta full-year profit of $2.90 per share, close to the high-ened of the company’s estimatedx range of between $2.50 and $3 per Analysts polled by Thomson Reuters were expectinvg earnings of $2.68 per share. “Despite stifv economic headwinds...., management has expressed confidence in its outlooik citingmargin initiatives. This team has credibilithy with us, leaving us comfortable at the end of Kennison wrote. Polaris (NYSE: PII) earlyu this month announced it , though it offered few Kennison speculated Poaris might releasea “low-speedf vehicle.
” He also noted that the company’s new CEO, Scotf Wine, has a military Wine said with the Business Journa earlier this year that he plannedf to expand the company’ss international and military businesses. Polaris stock was up $3.09 per or 10.8 percent, to $31.67 near the closse of trading Friday.

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