BRENTWOOD, Tenn. (AP) _ Tractor Supply Co. (TSCO) on Thursday reported fourth-quarter net income of $221.3 million.
On a per-share basis, the Brentwood, Tennessee-based company said it had profit of $1.93.
The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.84 per share.
The retailer for farmers and ranchers posted revenue of $3.32 billion in the period, also exceeding Street forecasts. Nine analysts surveyed by Zacks expected $3.24 billion.
For the year, the company reported profit of $997.1 million, or $8.61 per share. Revenue was reported as $12.73 billion.
Tractor Supply expects full-year earnings to be $9.20 to $9.50 per share, with revenue in the range of $13.6 billion to $13.8 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TSCO at https://www.zacks.com/ap/TSCO
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