Tractor Supply's Earnings: A Preview

Tractor Supply (NASDAQ:TSCO) is gearing up to announce its quarterly earnings on Thursday, 2024-10-24. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Tractor Supply will report an earnings per share (EPS) of $2.23.

The market awaits Tractor Supply's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Historical Earnings Performance

In the previous earnings release, the company missed EPS by $0.00, leading to a 1.97% increase in the share price the following trading session.

Here's a look at Tractor Supply's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

3.93

1.72

2.22

2.29

EPS Actual

3.93

1.83

2.28

2.33

Price Change %

2.0%

3.0%

-1.0%

-1.0%

Tracking Tractor Supply's Stock Performance

Shares of Tractor Supply were trading at $291.44 as of October 22. Over the last 52-week period, shares are up 54.08%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Observations about Tractor Supply

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Tractor Supply.

A total of 16 analyst ratings have been received for Tractor Supply, with the consensus rating being Buy. The average one-year price target ...