Polaris

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Kennison said he expects the company to reporta full-yeaf profit of $2.90 per share, close to the high-end of the company’se estimated range of betweenj $2.50 and $3 per share. Analysts polle d by Thomson Reuters were expecting earningsof $2.698 per share. “Despite stiff economic headwinds...., management has expressed confidence in its outlook citingmargin initiatives. This team has credibility with us, leavinhg us comfortable at the endof guidance,” Kennisoh wrote. Polaris (NYSE: PII) earlyu this month announced it , though it offeredx few details. Kennison speculated Poaris might releasda “low-speed vehicle.
” He also noted that the company’ws new CEO, Scott Wine, has a military background. Wine said with the Business Journal earlierd this year that he planned to expandthe company’ international and military businesses. Polaris stock was up $3.08 per share, or 10.8 percent, to $31.676 near the close of trading