Polaris Industries Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2018. For the quarter, the company reported sales of $1,627,120,000 compared with $1,431,049,000 a year ago. Operating income was $142,810,000 compared with $122,478,000 a year ago. Net income was $91,475,000 compared with $31,475,000 a year ago. Basic earnings per share were $1.49 against $0.50 a year ago. Diluted earnings per share were $1.47 against $0.49 a year ago.

For the year, the company reported sales of $6,078,540,000 compared with $5,428,477,000 a year ago. Operating income was $487,412,000 compared with $359,657,000 a year ago. Net income was $335,257,000 compared with $172,492,000 a year ago. Basic earnings per share were $5.36 against $2.74 a year ago. Diluted earnings per share were $5.24 against $2.69 a year ago

For the year 2019, the full year earnings guidance is inclusive of the company's expectations related to the impact of external factors such as the annualized impact of current tariffs which assumes 301, list 3 remains at the current 10% rate for the full year, adverse foreign exchange impacts, and higher interest rates, totaling approximately $1.50 per diluted share, on a combined basis. Absent these items, the company is expected to generate positive earnings growth on a year-over-year basis.