Tetra Tech Inc expected to post earnings of $1.21 a share - Earnings Preview

Tetra Tech

31/01/2023 24:02

* Tetra Tech Inc  TTEK.OQ   TTEK.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 2. 
    * The Pasadena California-based  company is expected to
report  a
5.7% increase in revenue to $717.734 million from $679.33
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
November 9 2022, for the period ended December 31, was for
revenue between $675.00 million and $725.00 million.
    * ​Refinitiv's mean analyst estimate for Tetra Tech Inc is
for
earnings of $1.21 per share. The company's EPS guidance on
November 9 2022, for the period ended December 31, was between
$1.15 and $1.20 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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
$187​, above​ its last closing price of $152.24. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  1.02        1.03       1.19      Beat    15.5
 ​​Sep.        0.99        1.00       1.05      Beat    5.5
 30 2021                                                
 Jun. 30 2021  0.89        0.88       0.95      Beat    8.1​
 Mar. 31 2021  0.75        0.75       0.83      Beat    10.5
 Dec. 31 2020  0.81        0.81       0.96      Beat    18.5
 This summary was machine generated January 31 at 00:02 GMT.  All
figures in US dollars  unless otherwise stated