Tractor Supply Q3 adjusted earnings Beat Estimates

(RTTNews) - Tractor Supply (TSCO) revealed a profit for its third quarter that increased from last year.

The company's earnings came in at $122.13 million, or $1.02 per share. This compares with $116.78 million, or $0.95 per share, in last year's third quarter.

Excluding items, Tractor Supply reported adjusted earnings of $124.42 million or $1.04 per share for the period.

Analysts had expected the company to earn $1.03 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.3% to $1.98 billion from $1.88 billion last year.

Tractor Supply earnings at a glance:

-Analysts Estimate: $1.03 -Revenue (Q3): $1.98 Bln vs. $1.88 Bln last year.

-Guidance: Full year EPS guidance: $4.68 - $4.72 Full year revenue guidance: $8.40 - $8.42 Bln

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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