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.
_____
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
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
