Tractor Supply: Q4 Earnings Snapshot

Associated Press Finance
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BRENTWOOD, Tenn. (AP) — BRENTWOOD, Tenn. (AP) — Tractor Supply Co. (TSCO) on Thursday reported fourth-quarter net income of $247.9 million.

The Brentwood, Tennessee-based company said it had net income of $2.28 per share.

The results exceeded Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $2.22 per share.

The retailer for farmers and ranchers posted revenue of $3.66 billion in the period, which met Street forecasts.

For the year, the company reported profit of $1.11 billion, or $10.09 per share. Revenue was reported as $14.56 billion.

Tractor Supply expects full-year earnings to be $9.85 to $10.50 per share, with revenue in the range of $14.7 billion to $15.1 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TSCO at https://www.zacks.com/ap/TSCO

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