Tractor Supply Q1 Profit Rises, Beats estimates

Tractor Supply (TSCO) announced earnings for its first quarter that increased from the same period last year and beat the Street estimates.

The company's earnings came in at $187.23 million, or $1.65 per share. This compares with $181.35 million, or $1.55 per share, in last year's first quarter.

Analysts on average had expected the company to earn $1.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.2% to $3.02 billion from $2.79 billion last year.

Tractor Supply earnings at a glance (GAAP) :

-Earnings (Q1): $187.23 Mln. vs. $181.35 Mln. last year.
-EPS (Q1): $1.65 vs. $1.55 last year.
-Analyst Estimate: $1.41
-Revenue (Q1): $3.02 Bln vs. $2.79 Bln last year.

Full year EPS guidance: $9.20 - $9.50
Full year revenue guidance: $13.6 - $13.8 Bln

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