Polaris Rumbles Higher
America is on a roll -- literally! Not only are cars selling, but off-road vehicles and motorcycles are rumbling down the street. Maybe high gas prices are sending Americans to Polaris (PII) and Harley Davidson (HOG) dealerships? Maybe it's pent-up demand. Whatever it is, you can't argue that the economy is stuck in the mud.
On Thursday Polaris, maker of off-road vehicles, motorcycles and snowmobiles, posted some impressive third-quarter results. Revenue jumped 20.6% to $879.9 million, 6% better than the consensus estimate. Earnings per share came in at $1.33, up 40%, or $0.13 ahead....262 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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