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2026-10-28 18:35 48m ago
2026-10-28 13:06 6h ago
Tržby společnosti Polaris vzrostly o 11 % na 2,04 mld. USD
PII Polaris Industries
FMP Stock News 88
Original source text
Polaris executives say data centers and defense budgets now drive more than half of their sales, but the numbers behind that claim deserve a closer look before investors take it at face value.

On a data-center job site, a Polaris Ranger may run all day without anyone driving it. Chief executive Mike Speetzen described exactly that on the October 27, 2026 earnings call, saying crews “will leave the vehicle running.” That detail explains why Polaris (NYSE:PII | PII Price Prediction) now positions itself as a supplier of work equipment as much as a maker of weekend toys.

Shares rose 5.28%, or $2.91, to close at $58.06 from $55.15, for a market value of $3.30 billion. Even after that gain, the stock is down 5.18% year to date and 14.88% over one year.

Polaris posted a strong quarter, but one-time tariff refunds padded the earnings, and the support for the work-buyer story comes from comments on the call. The company has not disclosed any underlying contracts.

Tariff Refunds Padded a Big Earnings Beat
Third-quarter sales rose 11% to $2.04 billion, ahead of the about $1.9 billion analysts expected. Leaving out the sold-off Indian Motorcycle business, sales grew 17%.

Adjusted EPS of $1.08 rose 163%, well above the 59 cents analysts expected. However, $10 million in tariff refunds added $0.13 to that figure, and that won’t repeat.

Polaris raised its full-year adjusted EPS guidance to $3.50 to $3.60, up from $3.00 to $3.10. About $1.09 of that range comes from refunds, and the guidance assumes no more will arrive. That makes the raise lower quality than the headline suggests, but it also means the numbers don’t include any further refunds management hopes for.

Contractors and Defense Budgets Are Doing the Buying
Speetzen said “over half of our sales come from customers who buy their vehicles for work,” including “government agencies and the military.” The data-center buyers are construction contractors and rental companies working on those sites. Chief financial officer Bob Mack said Polaris continues “to see strong demand at large job sites such as data centers.”

Speetzen reported “high-double-digit growth in commercial, government and defense, and marine,” which he linked to defense spending across the U.S., Canada and NATO. Those buyers “buy on government budgets and project schedules rather than on consumer confidence,” so their orders can hold up even when household spending slows.

Polaris did not give a dollar figure, name any customers, or provide an exact growth rate for these businesses. It also announced no new data-center or military contract.

Management Has Told This Story Before
On the July 28, 2026 call, Speetzen said commercial growth “is driven by investments in infrastructure and data center projects.” He also called the long-term data-center use case something Polaris is “continuing to learn,” so claims that this demand will last deserve caution.

Utility off-road vehicles make up over 60% of Powersports sales, although some of those buyers are ranchers and some are recreational riders. Management expects fourth-quarter organic sales to be roughly flat.

What Investors Need to Know About PII Stock Before January
Excluding refunds, operational adjusted EPS was $0.95, compared with $0.41 a year earlier, and Polaris cut debt by $320 million during the quarter.

The stock trades between its 52-week low of $47.14 and its high of $77.98, which suggests the market still doubts the recovery. The $2.72 annual dividend, which yields 4.69%, pays shareholders while the market tests whether those doubts are justified.

The biggest risks are a slowdown in data-center construction and commodity costs. Management expects those costs to run $70 million higher than last year.

The test comes in January, when Polaris issues its formal 2027 guidance. If operational EPS guidance tops the 2026 range of $2.40 to $2.50, the work-buyer case holds. If the stock closes back below $55.15 before then, the market has rejected it.

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Contact [email protected] for any questions or corrections.
2026-10-27 12:51 1d ago
2026-10-27 08:26 1d ago
Polaris překonal odhady zisku i tržeb
PII Polaris Industries
FMP Stock News 88
Original source text
Polaris Inc (PII - Free Report) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +74.19%. A quarter ago, it was expected that this snowmobile and ATV maker would post earnings of $0.77 per share when it actually produced earnings of $1.97, delivering a surprise of +155.84%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Polaris Inc, which belongs to the Zacks Automotive - Domestic industry, posted revenues of $2.04 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 6.59%. This compares to year-ago revenues of $1.84 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Polaris Inc shares have lost about 12.8% since the beginning of the year versus the S&P 500's gain of 12.1%.

What's Next for Polaris Inc?While Polaris Inc has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Polaris Inc was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.53 on $1.9 billion in revenues for the coming quarter and $3.22 on $7.47 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Domestic is currently in the bottom 16% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Harley-Davidson (HOG - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026. The results are expected to be released on October 29.

This motorcycle maker is expected to post quarterly earnings of $0.43 per share in its upcoming report, which represents a year-over-year change of -86.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Harley-Davidson's revenues are expected to be $1.05 billion, down 2.6% from the year-ago quarter.
2026-10-02 14:25 26d ago
2026-10-02 09:40 26d ago
Applied Digital spustila další fázi Polaris Forge 1
PII Polaris Industries
FMP Stock News 72
Original source text
Applied Digital just hit a capacity milestone at its North Dakota campus, and the buying is spilling into a peer that released no news at all. The difference between those two rallies matters more than the gains themselves.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

A capacity milestone at Applied Digital (NASDAQ:APLD) is lifting the artificial intelligence (AI) data center group, and the buying reaches beyond the company that made the announcement. Applied Digital shares are surging 7% to $25.89 this morning. Meanwhile, IREN (NASDAQ:IREN) stock is climbing 6% to $43.03 as buyers move into the rest of the group.

To test whether a general rally explains the move, two funds offer a quick comparison. The Global X Data Center & Digital Infrastructure ETF (NASDAQ:DTCR) is up 1.51% to $27.48. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is also gaining 0.9% to $770.58.

Shares of Applied Digital are outpacing both funds, so a broad bid for equities doesn’t account for the scale of its gain, and IREN stock rising alongside Applied Digital shares points to investors buying the data center group together, with the Polaris Forge 1 milestone acting as the spark. That combination frames the rally as a group trade, with Applied Digital at the front.

Another Polaris Forge 1 Phase Reaches Ready for Service Ready for Service status now applies to the latest phase of a building at Applied Digital’s Polaris Forge 1 campus in Ellendale, North Dakota. Applied Digital stated that the delivery brings the campus’s fully operational capacity to 250 megawatts (MW). The campus is fully leased, and Applied Digital is contracted to deliver more capacity there at completion.

In the announcement, Applied Digital Chairman and CEO Wes Cummins stated, “Securing power is only the starting point. The real work is designing, building, commissioning, and operating the infrastructure that transforms those megawatts into usable capacity for customers.” That emphasis fits Applied Digital’s situation, since the campus was already fully leased before this capacity came online. Turning secured power into working capacity on schedule is the part of the model that lease signings alone can’t prove.

IREN Rises Without News of Its Own The gain in IREN stock stands out because the company has offered no announcement of its own to explain the move. That pattern suggests traders are treating Applied Digital’s progress as evidence for operators like IREN that convert secured power into leased AI capacity. Somebody must power, cool, and connect all that expansion. We pulled together seven of those suppliers in a free report on the AI infrastructure trade.

Applied Digital stock has a concrete catalyst behind its gain, with 250 MW now fully operational at the company’s Polaris Forge 1 campus. IREN shares, by contrast, are moving on mood alone, which leaves that advance more exposed if enthusiasm for the group cools, while behind the delivery sits Applied Digital’s fully leased campus, which ties the milestone to contracted customers.

Funding the Buildout Is the Open Question Delivery at this phase is settled, and the cost side of Applied Digital’s story now comes into focus. Building and commissioning capacity at this scale takes heavy capital, and the unresolved issue is whether Applied Digital can keep funding that pace without stressing its balance sheet. Shareholders may want to keep an eye on whether the company’s next phases arrive on schedule and how Applied Digital pays for them.

The next test for IREN stock is whether shares can hold their gain once the lift from Applied Digital’s milestone fades. Traders can watch for new announcements from IREN or its peers that would give the group a catalyst of its own. Absent company news, IREN shares could stay tied to whatever direction the group takes.

Contact [email protected] for any questions or corrections.
2026-10-01 13:57 27d ago
2026-10-01 07:30 27d ago
Canagold hlásí rekordní obsah antimonu a zlata na projektu New Polaris
PII Polaris Industries
FMP Stock News 78
Original source text
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2026) - Canagold Resources Ltd. (TSX: CCM) (OTCQB: CRCUF) (FSE: CANA) ("Canagold" or the "Company") announces assay results from five drill holes completed as part of its recently concluded 14-hole resource infill and expansion drilling program targeting the high-grade antimony zone at its 100%-owned New Polaris Gold Project, located in northwestern British Columbia ("BC"), approximately 100 kilometres (km) south of Atlin, BC, and 60 km northeast of Juneau, Alaska.

The drill program was designed to further define and expand the high-grade antimony mineralization identified at New Polaris, while also evaluating its potential to contribute to the Project's gold resources. Highlights of the antimony and gold mineralization intersected in the five drill holes are summarized below, with complete drill-hole results and locations provided in Table 1 and Figure 1.

Highlights

3.83% Sb and 19.38 Au grams per tonne (g/t) Au over 13.20 meters (m) from 451.75 m down hole in hole NP26-01 including 1.21 m grading 30.46% Sb and 49.10 g/t Au. 3.90% Sb and 14.97 g/t Au over 6.06 m from 477.44 m down hole in hole NP26-02 including 0.83 m grading 24.68 % Sb and 29.0 g/t Au.3.30% Sb and 15.08 g/t Au over 3.91 m from 451.19 m down hole in hole NP26-03 including 1.81 m grading 6.99% Sb 26.3 g/t Au."These results are highly significant for New Polaris, representing the highest Sb grades over the greatest widths encountered at the Project to date," stated Catalin Kilofliski, Canagold's CEO. "Importantly, they suggest that the scale of the Sb mineralization may be substantially larger than we originally understood. This creates an opportunity to significantly expand the high-grade Sb and gold resources and, importantly, positions Sb as having the potential to become a meaningful contributor to the overall value and economics of New Polaris."

Table 1

Drill holeFrom (m)To (m)Interval (m)Sb (%)Au (g/t)NP26-01451.75464.9513.203.8319.38Including455.00456.211.2130.4649.10NP26-02477.44483.506.063.9014.97Including478.22479.050.8324.6829.00NP26-02487.50490.352.850.1117.10NP26-03451.19455.103.913.3015.08Including451.19453.001.816.9926.3NP26-05488.83493.564.731.505.76Including490.83491.560.738.5012.80*The New Polaris resource is contained within an Updated Resource report which was prepared by Moose Mountain Technical Services in the format prescribed by NI43-101 Standards of Disclosure for Mineral Projects, and filed on Sedar June 30,2023.

Additional Drilling Highlights

Hole IDInterval
* (m)Sb %Au (gpt)From (m)NP26-022.85 m0.1017.1gpt487.5 mNP26-06B8.22 m0.0116.47gpt472.6 mDrill Hole Details

Hole IDUTM E
NAD83UTM N
NAD83Elev
(m)Azi
(deg)Dip
(deg) Depth
(m)NP26-0157933065070773090.68 -83.18479NP26-02579330650707730101.23-83.73515NP26-03579322650711032103.19-83.7480NP26-05579330650707730111.48-78.04516NP26-06B57933065070773079.71-86.25522Drill intercepts shown are core length as insufficient drilling and modelling has taken place to determine the true dip and strike orientation of the veins being intercepted.

Figure 1

The drilling program has been completed with 7,277m being drilled in 14 holes. The drilling has intersected multiple zones of mineralization in this area.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11878/316852_aeea4c1f842e3ab4_001full.jpg

Drill Core Sampling and Quality Assurance – Quality Control Program

Drill core is geologically logged to identify the gold mineralized zones that are allocated unique sample number tickets and marked for cutting using a purpose-built diamond blade rock saw. Half core samples are collected in labelled bags and the other half remains in the original core box stored on site. Quality control (QC) samples including certified reference material standards, blanks and duplicates are inserted into the sample sequence at intervals of one in ten on a rotating basis to monitor laboratory performance and provide quality assurance (QA) of the assay results. Several sample bags are transported together in rice bags with unique numbered security tags attached and labelled with Company and lab contact information to ensure sample security and chain of custody during shipment to the lab.

Diamond drill core samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed at MSA Labs' Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Canagold personnel. MSA Laboratories quality system complies with the requirements for the International Standards ISO 17025 and ISO 9001. MSA Lab is independent of the Company.

Qualified Person

In accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, Garry Biles, P.Eng, President & COO is the Qualified Person for the Company and has prepared, validated, and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting activities on its projects.

About Canagold

Canagold Resources Ltd. is an advanced development company dedicated to advancing the New Polaris Project through feasibility, permitting, and production stages. Additionally, Canagold aims to expand its asset base by acquiring advanced projects, positioning itself as a leading project developer. With a team of technical experts, the Company is poised to unlock substantial value for its shareholders.

"Catalin Kilofliski"

Catalin Kilofliski
Chief Executive Officer

Website: www.canagoldresources.com

Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316852

Source: Canagold Resources Ltd.

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us
2026-08-31 10:13 1mo ago
2026-08-28 03:59 2mo ago
Bank of New York Mellon získala podíl v Polaris
PII Polaris Industries
FMP Stock News 78
Original source text
Bank of New York Mellon Corp bought a new stake in Polaris Inc. (NYSE:PII – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 639,691 shares of the company’s stock, valued at approximately $43,780,000. Bank of New York Mellon Corp owned about 1.12% of Polaris at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kemnay Advisory Services Inc. acquired a new stake in Polaris in the 4th quarter valued at $27,000. Danske Bank A S lifted its stake in shares of Polaris by 150.0% during the fourth quarter. Danske Bank A S now owns 500 shares of the company’s stock worth $32,000 after purchasing an additional 300 shares in the last quarter. Elevation Wealth Partners LLC lifted its stake in shares of Polaris by 471.0% during the second quarter. Elevation Wealth Partners LLC now owns 571 shares of the company’s stock worth $39,000 after purchasing an additional 471 shares in the last quarter. Bard Associates Inc. acquired a new position in shares of Polaris during the fourth quarter worth approximately $46,000. Finally, Hilton Head Capital Partners LLC bought a new position in Polaris in the 4th quarter worth approximately $52,000. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Polaris Trading Up 0.2% NYSE PII opened at $63.90 on Friday. Polaris Inc. has a 1-year low of $47.14 and a 1-year high of $77.98. The company has a current ratio of 1.20, a quick ratio of 0.47 and a debt-to-equity ratio of 2.28. The company has a market capitalization of $3.64 billion, a PE ratio of -13.80 and a beta of 1.26. The firm’s fifty day simple moving average is $68.81 and its 200-day simple moving average is $64.14.

Polaris (NYSE:PII – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $1.97 earnings per share for the quarter, beating the consensus estimate of $0.76 by $1.21. Polaris had a negative net margin of 3.50% and a positive return on equity of 16.77%. The firm had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same quarter last year, the firm earned ($1.39) earnings per share. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. Polaris has set its FY 2026 guidance at 3.000-3.100 EPS. As a group, sell-side analysts anticipate that Polaris Inc. will post 3.22 earnings per share for the current fiscal year. Polaris Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a $0.68 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $2.72 dividend on an annualized basis and a yield of 4.3%. Polaris’s dividend payout ratio (DPR) is presently -58.75%.

Wall Street Analysts Forecast Growth PII has been the subject of a number of research analyst reports. Weiss Ratings raised shares of Polaris from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, July 29th. Roth Capital reissued a “neutral” rating on shares of Polaris in a report on Wednesday, July 29th. Wells Fargo & Company upped their target price on Polaris from $65.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 29th. Royal Bank Of Canada increased their price target on Polaris from $65.00 to $75.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 29th. Finally, Citigroup lifted their price target on Polaris from $70.00 to $73.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $67.00.

Check Out Our Latest Stock Analysis on PII

Polaris Company Profile (Free Report)

Polaris Inc, founded in 1954 and headquartered in Medina, Minnesota, is a diversified manufacturer of powersports vehicles and related products. Initially gaining prominence with its snowmobiles, Polaris expanded its portfolio over the decades to include all-terrain vehicles (ATVs), side-by-side off-road vehicles, and motorcycles. The company’s legacy in recreational and utility vehicle innovation stems from early engineering breakthroughs that established Polaris as a leading name in off-road mobility.

Today, Polaris offers a broad range of products under well-known brands such as Polaris RANGER and POLARIS SPORTSMAN for utility and recreation markets, Slingshot three-wheel roadsters for on-road enthusiasts, and the Indian Motorcycle brand for premium two-wheeled touring and cruiser segments.

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2026-08-01 13:32 2mo ago
2026-08-01 07:04 2mo ago
Polaris Renewable Energy hlásí pokles výroby i tržeb
PII Polaris Industries
FMP Stock News 78
Original source text
Polaris Renewable Energy TSE: PIF reported lower second-quarter generation and financial results compared with an exceptionally strong period a year earlier, as curtailment in the Dominican Republic, normalizing hydrological conditions and expected geothermal declines weighed on output.

Chief Financial Officer Alba Seisdedos said consolidated generation declined 7.7% from the second quarter of 2025, while year-to-date generation was down 6.4% from the first half of the prior year. The company said the performance was broadly consistent with management expectations.

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The decline reflected continued curtailment in the Dominican Republic, lower geothermal production in Nicaragua associated with the natural decline of the steam field, and a return to more typical water conditions in Peru and Ecuador after unusually favorable hydroelectric availability in 2025. Stronger solar production in Panama partly offset those factors.

Operations Reflect Expected Production Pressures In Nicaragua, Seisdedos said the steam units performed well and production trends were in line with expectations. First-half production was affected by planned biannual major maintenance on Unit 3 during the first quarter, as well as lower binary-plant output resulting from higher-than-expected sediment in reinjection wells after the maintenance work.

Chief Executive Officer Marc Murnaghan said the company has been operating the binary unit at roughly 0.75 megawatts below its expected capacity because of sediment in two key injection wells. Polaris expects to operate at the current level for the remainder of 2026 but anticipates recovering some or all of the lost output through an acidification program in early 2027.

“We will likely have to wait until Q1 to execute that,” Murnaghan said, citing the need for specialized equipment.

Peru’s hydroelectric facilities produced below the prior year’s record levels but remained above internal expectations, according to Seisdedos. Murnaghan said output was more consistent with levels seen in 2022 through 2024 and broadly in line with the long-term average. He also noted that a May 1 price increase averaged approximately 8% across the company’s three Peruvian plants.

Dominican Republic curtailment averaged 29% during the quarter and 35% year to date, improving from 42% in the first quarter. Murnaghan said curtailment reduced output by about 5,000 megawatt-hours in the quarter, somewhat less than budgeted. He expects government initiatives, including large-scale grid storage contracted as transmission assets, to provide a more complete solution over the next 18 to 24 months.

Revenue and EBITDA Decline as Costs Rise Seisdedos said lower production led to an 8% decline in revenue quarter-to-quarter and a 5% decline year-over-year. Adjusted EBITDA fell 11% on both a quarter-to-quarter and year-over-year basis.

Higher pricing in Peru, supported by annual consumer-price-index adjustments in power purchase agreements and favorable market conditions earlier in the year, partially offset the impact of lower output. Panama also contributed improved pricing.

For the six-month period, adjusted EBITDA was additionally affected by higher direct costs related to integrating the Punta Lima wind farm in Puerto Rico and expanding the company’s development pipeline in Mexico and Puerto Rico. Seisdedos said those expenses represent investments intended to support future earnings growth.

The company entered the quarter with nearly $100 million in cash. Polaris also reaffirmed its shareholder-return program, with a quarterly dividend of $0.15 per share scheduled for payment Aug. 21 to shareholders of record on Aug. 10.

Battery and Mexico Projects Move Toward Execution Murnaghan said Polaris signed its contract with the Puerto Rico Electric Power Authority for the ASAP battery project on June 12 and is finalizing equipment procurement. The company is targeting a mid-2027 commercial operation date for the project.

In Mexico, Polaris was selected for 250 megawatts DC of solar capacity with approximately 30% battery-energy-storage-system coverage. The company signed a joint-venture agreement for the Mixto Project on July 3 and is advancing contracting and development milestones.

Murnaghan said the Mexican projects are expected to have approximately 25-year contracts denominated in U.S. dollars, with U.S. CPI inflators and a tolling component. He estimated the three projects could generate combined EBITDA of roughly $25 million to $30 million, though he said both capital costs and EBITDA could increase as final project figures are completed.

The ASAP Puerto Rico battery project is structured as a 20-year, 100% tolling and capacity contract, according to management. Mexico battery and grid-upgrade capital expenditures would be supported by tolling fees, Murnaghan said. Polaris expects more clarity by the fourth quarter on additional Mexican development opportunities and on bids in the Dominican Republic and Puerto Rico. To support the Mexican expansion, Murnaghan said Polaris expects to hire four or five employees for a small Mexico City office before the end of the quarter. The company expects its first Mexican project, Don Humberto, to be ready for construction around November, while larger projects are expected to begin later.

About Polaris Renewable Energy (TSE:PIF)Polaris Renewable Energy Inc is a Canadian publicly traded company engaged in the acquisition, development, and operation of renewable energy projects in Latin America & the Caribbean. We are a high-performing and financially sound contributor to the energy transition. The Company's operations include a geothermal plant (82 MW), four run-of river hydroelectric plants (39 MW), three solar (photovoltaic) projects (35 MW) and an onshore wind farm (26 MW).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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2026-07-28 13:23 3mo ago
2026-07-28 08:17 3mo ago
Polaris ve 2. čtvrtletí překonal odhady zisku i tržeb
PII Polaris Industries
FMP Stock News 78
Original source text
Polaris Inc (PII - Free Report) came out with quarterly earnings of $1.97 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.4 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +155.84%. A quarter ago, it was expected that this snowmobile and ATV maker would post a loss of $0.43 per share when it actually produced earnings of $0.13, delivering a surprise of +130.23%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Polaris Inc, which belongs to the Zacks Automotive - Domestic industry, posted revenues of $2.02 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.51%. This compares to year-ago revenues of $1.85 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Polaris Inc shares have added about 18.1% since the beginning of the year versus the S&P 500's gain of 8.3%.

What's Next for Polaris Inc?While Polaris Inc has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Polaris Inc was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.74 on $1.88 billion in revenues for the coming quarter and $1.76 on $7.32 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Domestic is currently in the top 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Xos, Inc. (XOS - Free Report) , another stock in the same industry, has yet to report results for the quarter ended June 2026.

This company is expected to post quarterly loss of $0.60 per share in its upcoming report, which represents a year-over-year change of +34.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Xos, Inc.'s revenues are expected to be $12.14 million, down 34% from the year-ago quarter.