MEDINA, Minn. (AP) _ Polaris Inc. (PII) on Tuesday reported first-quarter net income of $69.9 million.

On a per-share basis, the Medina, Minnesota-based company said it had profit of $1.14. Earnings, adjusted for amortization costs and restructuring costs, were $1.29 per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.76 per share.

The snowmobile and ATV maker posted revenue of $1.96 billion in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $2.1 billion.

Polaris Inc expects full-year earnings in the range of $10.10 to $10.40 per share, with revenue in the range of $9.22 billion to $9.46 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PII at https://www.zacks.com/ap/PII

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