Tractor Supply (NASDAQ:TSCO) reported its Q3 earnings results on Thursday, October 20, 2022 at 06:05 AM.
Here’s what investors need to know about the announcement.
Earnings
Tractor Supply beat estimated earnings by 1.45%, reporting an EPS of $2.1 versus an estimate of $2.07.
Revenue was up $253.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 1.78% drop in the share price the next day.
Here’s a look at Tractor Supply’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 3.52 | 1.41 | 1.83 | 1.65 |
| EPS Actual | 3.53 | 1.65 | 1.93 | 1.95 |
| Revenue Estimate | 3.90B | 2.92B | 3.24B | 2.85B |
| Revenue Actual | 3.90B | 3.02B | 3.32B | 3.02B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Tractor Supply management provided guidance for FY 2022, expecting earnings between $9.55 and $9.63 per share.
To track all earnings releases for Tractor Supply visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
