Tractor Supply (NASDAQ:TSCO) reported its Q4 earnings results on Thursday, January 27, 2022 at 06:15 AM.
Here's what investors need to know about the announcement.
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Earnings
Tractor Supply beat estimated earnings by 5.46%, reporting an EPS of $1.93 versus an estimate of $1.83, which did not surprise analysts.
Revenue was up $441.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.3, which was followed by a 1.05% drop in the share price the next day.
Here's a look at Tractor Supply's past performance:
Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
---|---|---|---|---|
EPS Estimate | 1.65 | 2.92 | 0.96 | 1.51 |
EPS Actual | 1.95 | 3.19 | 1.55 | 1.64 |
Revenue Estimate | 2.85B | 3.44B | 2.45B | 2.72B |
Revenue Actual | 3.02B | 3.60B | 2.79B | 2.88B |
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 their next quarter, expecting earnings between $9.2 and $9.5 per share for the next quarter.
This represents a 384.46% in quarter-over-quarter growth for Tractor Supply, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.