Tractor Supply Analysts Boost Their Forecasts After Upbeat Earnings - Tractor Supply (NASDAQ:TSCO)

Core Viewpoint - Tractor Supply Company reported better-than-expected earnings for the third quarter, with earnings per share of 49 cents, surpassing the analyst consensus estimate of 48 cents [1] - The company also narrowed its fiscal year 2025 GAAP EPS outlook to a range of $2.06–$2.13, with the new midpoint aligning closely with the analyst consensus of $2.10 [1] Financial Performance - Quarterly sales reached $3.719 billion, reflecting a year-over-year increase of 7.2%, which met market expectations [1] - The fiscal year 2025 sales guidance was adjusted to a range of $15.567–$15.716 billion, down from the previous range of $15.478–$16.074 billion, compared to the estimate of $15.673 billion [2] Stock Market Reaction - Following the earnings announcement, Tractor Supply shares increased by 2.8%, closing at $56.35 [2] Analyst Ratings and Price Targets - Baird analyst Justin Kleber maintained an Outperform rating and raised the price target from $65 to $67 [4] - Morgan Stanley analyst Simeon Gutman upgraded the stock from Underweight to Equal-Weight and increased the price target from $50 to $60 [4] - Mizuho analyst David Bellinger also maintained an Outperform rating, raising the price target from $64 to $65 [4]