Tractor Supply: Fourth Quarter Earnings Overview

Tractor Supply Co. Announces Fourth Quarter Financial Results

Tractor Supply Company, headquartered in Brentwood, Tennessee, revealed a net income of $227.4 million for the fourth quarter.

Earnings per share for the quarter stood at 43 cents, which did not meet the expectations set by Wall Street analysts. According to a survey by Zacks Investment Research involving 12 analysts, the consensus estimate was 46 cents per share.

The company, which caters to the needs of farmers and ranchers, reported quarterly revenue of $3.9 billion. This figure also came in below projections, as nine analysts polled by Zacks had anticipated revenue of $4.01 billion.

Looking at the full year, Tractor Supply posted a profit of $1.1 billion, translating to $2.06 per share, with total revenue reaching $15.52 billion.

For the upcoming year, the retailer forecasts earnings per share to range between $2.13 and $2.23.

This article was produced by Automated Insights using information from Zacks Investment Research.