Polaris raised its full-year earnings outlook as its quarterly profit and sales climbed, driven by tariff refunds along with higher shipments.

The off-road vehicle maker on Tuesday said it now expects adjusted earnings of $3 to $3.10 a share, of which 96 cents is attributed to tariff refunds. Analysts polled by FactSet expected $1.86 a share. The company previously guided for full-year adjusted earnings of $1.60 to $1.70 a share.

Polaris also raised its adjusted sales view for the year to $7.3 billion to $7.5 billion, from $7.15 billion to $7.3 billion and compared with analysts' estimates of $7.29 billion.

"The underlying strength of our business is evident in our continued share gains, healthy dealer network and the growing benefits from the actions we've taken to optimize our portfolio and operations," Polaris Chief Executive Mike Speetzen said.

For its second quarter ended June 30, Polaris posted net income of $106.4 million, or $1.82 a share, compared with a loss of $79.3 million, or $1.39 a share, a year earlier.

Stripping out certain one-time items, the company reported adjusted earnings of $1.97 a share. Analysts polled by FactSet were expecting adjusted earnings of 75 cents a share.

The company booked $74 million of tariff refunds in the quarter, it said.

Sales rose 9%, to $2.02 billion. Analysts were expecting $1.96 billion in sales.

Sales in its powersports division climbed 17%, to $1.72 billion, helped by higher shipments and positive net price. Its marine segment reported sales of $179.5 million, up 16%.

Operating expenses fell to $346.3 million from $394.9 million in the year-earlier period.