For the quarter ended December 2024, Tractor Supply (TSCO) reported revenue of $3.77 billion, up 3.1% over the same period last year. EPS came in at $0.44, compared to $0.46 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $3.8 billion, representing a surprise of -0.81%. The company delivered an EPS surprise of -2.22%, with the consensus EPS estimate being $0.45.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Tractor Supply performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Comparable store sales (decrease)/increase: 0.6% versus 1.4% estimated by 10 analysts on average.
- Number of stores - Petsense: 206 versus 209 estimated by six analysts on average.
- Number of stores: 2,502 versus 2,496 estimated by six analysts on average.
- Number of stores - Tractor Supply: 2,296 versus 2,293 estimated by six analysts on average.
- Sales per selling square foot: $96.50 versus $96.84 estimated by five analysts on average.
- Total Selling Square Footage: 39.11 Msq ft versus 39.32 Msq ft estimated by five analysts on average.
- New stores opened - Tractor Supply: 26 versus the four-analyst average estimate of 23.
- New stores opened - Petsense: 4 versus the four-analyst average estimate of 5.
Shares of Tractor Supply have returned +7.7% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>Tractor Supply Company (TSCO) : Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
