Tetra Tech Inc expected to post earnings of $1.03 a share - Earnings Preview

Tetra Tech

09/05/2023 03:10

* Tetra Tech Inc  TTEK.OQ   TTEK.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 10. 
    * The Pasadena California-based  company is expected to
report  a
18.1% increase in revenue to $826.368 million from $699.64
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. The company's guidance on
February 1 2023, for the period ended March 31, was for revenue
between $685.00 million and $735.00 million.
    * ​Refinitiv's mean analyst estimate for Tetra Tech Inc is
for
earnings of $1.03 per share. The company's EPS guidance on
February 1 2023, for the period ended March 31, was between
$1.03 and $1.08 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Tetra Tech
Inc is
$185​, above​ its last closing price of $140.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  1.21        1.21       1.34      Beat    10.7
 Sep. 30 2022  1.14        1.15       1.26      Beat    9.4
 Jun. 30 2022  1.06        1.05       1.08      Beat    3.1​
 Mar. 31 2022  0.91        0.90       0.98      Beat    8.9
 ​​Dec.        1.02        1.03       1.19      Beat    15.5
 31 2021                                                
 Sep. 30 2021  0.99        1.00       1.05      Beat    5.5​
 Jun. 30 2021  0.89        0.88       0.95      Beat    8.1
 Mar. 31 2021  0.75        0.75       0.83      Beat    10.5
 This summary was machine generated May 9 at 02:10 GMT.  All
figures in US dollars  unless otherwise stated