Tractor Supply (TSCO) Reports Q4: Everything You Need To Know Ahead Of Earnings

Rural goods retailer Tractor Supply (NASDAQ:TSCO) will be reporting earnings this Thursday before the bell. Here’s what to expect.

Tractor Supply met analysts’ revenue expectations last quarter, reporting revenues of $3.72 billion, up 7.2% year on year. It was a mixed quarter for the company, with EPS in line with analysts’ estimates but a slight miss of analysts’ EBITDA estimates.

Is Tractor Supply a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Tractor Supply’s revenue to grow 5.9% year on year to $3.99 billion, improving from the 3.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.46 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Tractor Supply has missed Wall Street’s revenue estimates five times over the last two years.

Looking at Tractor Supply’s peers in the consumer retail segment, only CarMax has reported results so far. It beat analysts’ revenue estimates by 3.3%, posting year-on-year sales declines of 6.9%. The stock was down 6.3% on the results.

There has been positive sentiment among investors in the consumer retail segment, with share prices up 4% on average over the last month. Tractor Supply is up 9.6% during the same time and is heading into earnings with an average analyst price target of $60.63 (compared to the current share price of $55.44).

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