Tetra Tech Inc expected to post earnings of $1.34 a share - Earnings Preview

Tetra Tech

30/01/2024 24:03

* Tetra Tech Inc  TTEK.OQ   TTEK.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 1 for the
period ending December 31 2023
    * The Pasadena California-based  company is expected to
report a
33.2% increase in revenue to $981.284 million from $736.56
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on November
16 2023, for the period ended December 31, was for revenue
between $950.00 million and $1.00 billion.
    * ​LSEG's mean analyst estimate for Tetra Tech Inc is for
earnings
of $1.34 per share. 
    * 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
$191.00​, above​ its last closing price of $163.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  1.21        1.21       1.34      Beat    10.7
 ​​Sep.        1.14        1.15       1.26      Beat    9.4
 30 2022                                                
 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
 This summary was machine generated January 30 at 00:02 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)