Tetra Tech Inc expected to post earnings of $1.18 a share - Earnings Preview

Tetra Tech

08/08/2023 03:32

* Tetra Tech Inc  TTEK.OQ   TTEK.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 9. 
    * The Pasadena California-based  company is expected to
report  a
33.1% increase in revenue to $959.32 million from $720.49
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Tetra Tech Inc is
for
earnings of $1.18 per share. The company's EPS guidance on May
10 2023, for the period ended June 30, was between $1.15 and
$1.20 
    * 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 $167.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.96        1.03       1.17      Beat    13.2
 Dec. 31 2023  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.        0.91        0.90       0.98      Beat    8.9
 31 2022                                                
 Dec. 31 2021  1.02        1.03       1.19      Beat    15.5​
 Sep. 30 2021  0.99        1.00       1.05      Beat    5.5
 Jun. 30 2021  0.89        0.88       0.95      Beat    8.1
 This summary was machine generated August 8 at 02:32 GMT.  All
figures in US dollars  unless otherwise stated