-=Tractor Supply (TSCO) reported earnings on Thur 21 Oct 21 (b/o)

 

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

Earnings this week : Oct 18 - 22, 21 (wk 42)

Monday (Oct 18)

• Morning:  ACI PHG STT
• Afternoon: ELS FNB HXL STLD ZION

Tuesday (Oct 19)

• Morning: BK CBSH DOV ERIC FITB FMBI HAL IRDM JNJ KSU MAN ONB PM PG SBNY SI SYF SNV TRV
• Afternoon:  CNI FULT HWC IBKR ISRG MRTN NBHC NFLX OMC LRN UAL UCBI WDFC WTFC

Wednesday (Oct 20)

• Morning:  ABT ANTM ASML BKR BIIB BOKF CP CFG CMA FHN FCFS KNX LAD MTB MKTX MSM NDAQ NEE NEP NTRS BPOP VZ WSO WGO
• Afternoon:  CNS CCI CSX CVBF DFS EFX EEFT FR GL GGG IBM KALU KMI LRCX LSTR LVS OMF PPG XM REXR RLI SLM SEIC SLG STL FTI THC TSLA TCBI UFPI UMPQ VMI

Thursday (Oct 21)

• Morning: ABB ALK ALLE ALLY AAL T AN BANC BKU BX GTLS CROX DHR DOW EWBC FAF FCX GATX GPC HRI HOMB IPG IQV KEY LNN MMC NUE NVR PPBI POOL PDS DGX RCI SASR SNA SON LUV TSCO TPH TRN UNP VLO WBS
• During Market Hours: WABC
• Afternoon:  ASB OZK BJRI SAM CSL CE CMG BOOM FFBC GBCI INTC MAT OLN PBCT PSMT RHI SNAP SIVB VICR WRB WAL WHR WSFS

Friday (Oct 22)  

• Morning:  AIMC AXP ALV CLF FHB GNTX HCA HON RF ROP SLB STX SMPL VFC

-=Tractor Supply (TSCO) reported earnings on Thur 25 Oct 2018 (b/o)

Tractor Supply beats by $0.08, beats on revs; guides FY18 EPS above consensus, revs above consensus

• Reports Q3 (Sep) earnings of $0.95 per share, $0.08 better than the S&P Capital IQ Consensus of $0.87; revenues rose 9.3% year/year to $1.88 bln vs the $1.83 bln S&P Capital IQ Consensus. Comps +5.1%
  • The comparable store sales results included increases in comparable average ticket of 3.6% and comparable transaction count of 1.4%. The increase in comparable store sales was primarily driven by broad-based strength in everyday merchandise, along with robust growth across spring and summer seasonal categories.
  • Gross profit increased 8.8% to $653.1 million from $600.5 million in the prior year's third quarter, and gross margin decreased 16 basis points to 34.7% from 34.9% in the prior year's third quarter.
• Co issues upside guidance for FY18, sees EPS of $4.23-4.27 vs. $4.21 S&P Capital IQ Consensus; sees FY18 revs of $7.84-7.87 vs. $7.8 bln S&P Capital IQ Consensus.
  • Co now expects FY 18 comps of +4-4.5% vs previous guidance of +3-3.5%
  • The Company now forecasts capital expenditures in the range of $260 million to $280 million for fiscal 2018 and an effective tax rate of approximately 22.3% to 22.5%.