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Tractor Supply Lifts 2012 Profit Forecast

By Insider Scoop
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Courtesy of Benzinga.

Tractor Supply Corp (NASDAQ: TSCO) issued upbeat earnings forecast for the first quarter.

It projects to report Q1 earnings of $0.53 to $0.55 per share, versus analysts’ estimates of $0.32 per share.

Tractor Supply lifted its 2012 profit forecast to $3.52 to $3.60 per share, versus its earlier view of $3.38 to $3.46 per share. However, analysts were expecting earnings of $3.51 per share.

Tractor Supply shares closed at $92.30 yesterday.

(c) 2012 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.


For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.

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