Tetra Tech Inc TTEK.OQ reported quarterly adjusted earnings of 35 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 28 cents. The mean expectation of six analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 31 cents to 34 cents per share.
Revenue rose 17.9% to $1.20 billion from a year ago; analysts expected $1.12 billion.
Tetra Tech Inc's reported EPS for the quarter was breakeven results.
The company reported quarterly net income of $747 thousand.
Tetra Tech Inc shares had fallen by 5.4% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.7% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the environmental services & equipment peer group is also "buy"
Wall Street's median 12-month price target for Tetra Tech Inc is $49.50
This summary was machine generated from LSEG data January 30 at 06:56 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | 0.33 | 0.35 | Beat |
Sep. 30 2024 | 0.37 | 0.38 | Beat |
Jun. 30 2024 | 0.31 | 0.32 | Beat |
Mar. 31 2024 | 0.26 | 0.28 | Beat |
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