Tetra Tech Fiscal Q1 Adjusted Earnings, Net Revenue Rise; 2025 Outlook Revised -- Shares Up After Hours

MT Newswires Live
01-30

Tetra Tech (TTEK) reported fiscal Q1 adjusted earnings late Wednesday of $0.35 per share, up from $0.28 a year earlier.

Analysts polled by FactSet expected $0.33.

Net revenue for the quarter ended Dec. 29 was $1.20 billion, up from $1.02 billion a year earlier. Analysts surveyed by FactSet expected $1.10 billion.

For fiscal Q2, the company expects net revenue of $1 billion to $1.1 billion. Analysts expect $1.11 billion.

For fiscal 2025, Tetra revised its adjusted EPS outlook to $1.37 to $1.52 from $1.40 to $1.50. The company expanded net revenue guidance to between $4.37 billion and $4.77 billion compared with earlier estimates of $4.57 billion to $4.77 billion. Analysts are looking for $1.44 on revenue of $4.62 billion.

Shares were up more than 4% in extended session.

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