Updates

** Shares of farming equipment retailer Tractor Supply <TSCO.O> rise about 5% at $57.69

** TSCO beats third quarter profit and comparable sales estimates helped by rise in demand for seasonal products

** Reports qtrly profit of 49 cents per share vs estimates of 48 cents per share - data compiled by LSEG

** Comparable sales rise in the range 4.6% and 5.6% beating estimates of a 5.3% rise

** "The traffic improvement likely indicates that Tractor has finally digested the massive sales growth from the pandemic," says brokerage Truist Securities

** However, Co forecasts its full-year sales and profit largely below estimates, hurt by cautious spending among rural consumers for big-ticket items

** As of last close, TSCO up nearly 3.4% YTD

(Reporting by Sanskriti Shekhar and Anshi Sancheti in Bengaluru)

((Anshi.Sancheti@thomsonreuters.com))