Tractor Supply Q2 EPS $3.83 Misses $3.92 Estimate, Sales $4.18B Miss $4.26B Estimate
Portfolio Pulse from Benzinga Newsdesk
Tractor Supply (NASDAQ:TSCO) reported Q2 earnings of $3.83 per share, missing the analyst consensus estimate of $3.92 by 2.3%. The company also reported quarterly sales of $4.18 billion, missing the analyst consensus estimate of $4.26 billion by 1.78%. However, both earnings and sales increased compared to the same period last year.
July 27, 2023 | 10:56 am
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NEGATIVE IMPACT
Tractor Supply's Q2 earnings and sales missed analyst estimates, which could negatively impact the stock in the short term. However, the YoY growth in both metrics may mitigate this impact.
Tractor Supply's Q2 earnings and sales fell short of analyst estimates, which could lead to a negative sentiment among investors and a potential drop in the stock price. However, the YoY growth in both earnings and sales might be seen as a positive sign, potentially offsetting some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100