Raymond James analyst Bobby Griffin downgrades Tractor Supply to Outperform, citing near-term earnings challenges post Q4 results. Despite a slight miss in sales and a beat in adjusted EPS, the analyst notes pressures on TSCO's EBIT margin in 2024. Griffin anticipates a recovery in 2025.
Companies Reporting Before The Bell
• ING Groep (NYSE:ING) is expected to report earnings for its fourth quarter.
• Shell (NYSE:SHEL) is likely to report quarterly earnings at $1.81 per share on revenue of $75.66 billion.