NYSE:PIILeisure
Polaris (PII): Five-Year Net Loss Increase Challenges Bullish Turnaround Narratives
Polaris (PII) reported continued losses, with the company's net losses widening at an average annual rate of 19.6% over the past five years. Despite the current unprofitability and a comparatively muted revenue growth forecast of 1.8% per year, profitability is projected to turn around. Earnings growth is expected to surge at 115.33% annually, with the potential for positive earnings within three years. The mix of a low Price-to-Sales Ratio at 0.5x and rising earnings expectations sets the...