BRENTWOOD, Tenn. (AP) — BRENTWOOD, Tenn. (AP) — Tractor Supply Co. (TSCO) on Thursday reported first-quarter net income of $198.2 million.
On a per-share basis, the Brentwood, Tennessee-based company said it had profit of $1.83.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.70 per share.
The retailer for farmers and ranchers posted revenue of $3.39 billion in the period, missing Street forecasts. Ten analysts surveyed by Zacks expected $3.4 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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