Polaris cuts FY23 adjusted EPS view to down 4%-8% from down 2% to up 3%

Consensus $10.32. Narrows FY23 revenue view to up 3%-5% from up 3%-6%, consensus $8.94B. The company said, “The Company updated its 2023 sales outlook to up three percent to five percent versus its previous outlook of up three percent to up six percent versus 2022. The Company now expects adjusted diluted EPS from continuing operations attributed to Polaris Inc. common shareholders to be down eight percent to down four percent versus 2022 versus the prior outlook of down two percent to up three percent.”