Tetra Tech Inc expected to post earnings of $1.29 a share - Earnings Preview

Tetra Tech

30/04/2024 01:53

* Tetra Tech Inc  TTEK.OQ   TTEK.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The Pasadena California-based  company is expected to
report a
11.5% decrease in revenue to $1.025 billion from $1.16 billion a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.The company's guidance on January 31 2024, for the
period ended March 31, was for revenue between $990.00 million
and $1.04 billion.
    * ​LSEG's mean analyst estimate for Tetra Tech Inc is for
earnings
of $1.29 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
$203.00​, above​ its last closing price of $193.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.35        1.34       1.40      Beat    4.4
 Sep. 30 2023  1.43        1.44       1.78      Beat    24
 Jun. 30 2023  1.19        1.18       1.29      Beat    9​
 Mar. 31 2023  0.96        1.03       1.17      Beat    13.2
 ​​Dec.        1.21        1.21       1.34      Beat    10.7
 31 2022                                                
 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
 This summary was machine generated April 30 at 00:53 GMT.  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)