Tractor Supply beats by $0.29, beats on revs; raises FY21 EPS above consensus, revs above consensus
- Reports Q3 (Sep) earnings of $1.95 per share, $0.29 better than the S&P Capital IQ Consensus of $1.66; revenues rose 15.8% year/year to $3.02 bln vs the $2.86 bln S&P Capital IQ Consensus.
- Co issues upside guidance for FY21, sees EPS of $8.40-8.50 vs. $8.01 S&P Capital IQ Consensus, above prior guidance of $7.70-8.00; sees FY21 revs of ~$12.6 bln vs. $12.26 bln S&P Capital IQ Consensus, above prior guidance of $12.1-12.3 bln
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