Tractor Supply Q2 2024 GAAP EPS $3.93, Inline, Sales $4.246B Miss $4.284B Estimate
Portfolio Pulse from Benzinga Newsdesk
Tractor Supply reported Q2 2024 GAAP EPS of $3.93, which was in line with expectations. However, sales of $4.246 billion missed the $4.284 billion estimate.
July 25, 2024 | 10:56 am
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NEUTRAL IMPACT
Tractor Supply's Q2 2024 GAAP EPS of $3.93 met expectations, but sales of $4.246 billion missed the $4.284 billion estimate. This mixed result may lead to short-term volatility in the stock price.
The in-line EPS suggests stable profitability, but the sales miss indicates potential issues in revenue generation. This mixed result could lead to short-term volatility as investors digest the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100