Tractor Supply Co TSCO.OQ reported quarterly adjusted earnings of 81 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 79 cents. The mean expectation of twenty eight analysts for the quarter was for earnings of 80 cents per share. Wall Street expected results to range from 79 cents to 82 cents per share.
Revenue rose 4.5% to $4.44 billion from a year ago; analysts expected $4.40 billion.
Tractor Supply Co's reported EPS for the quarter was 81 cents.
The company reported quarterly net income of $430.04 million.
Tractor Supply Co shares had risen by 13.0% this quarter and gained 12.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.4% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 16 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the miscellaneous specialty retailers peer group is also "buy"
Wall Street's median 12-month price target for Tractor Supply Co is $57.00, about 4.6% below its last closing price of $59.62
This summary was machine generated from LSEG data July 24 at 01:32 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)