Tetra Tech Inc reports results for the quarter ended December 31 - Earnings Summary

Tetra Tech

30/01/2025 06:56

* Tetra Tech Inc  TTEK.OQ  reported quarterly adjusted
earnings of
35 cents​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of 28 cents.  The mean expectation of six analysts for the
quarter was for earnings of 33 cents per share. Wall Street
expected results to range from 31 cents to 34 cents per share.
    * Revenue rose 17.9% to $1.20 billion from a year ago;
analysts
expected $1.12 billion. 
    * Tetra Tech Inc's reported EPS for the quarter was
breakeven
results​.
    * The company reported quarterly net income of $747
thousand.
    * Tetra Tech Inc shares had fallen by 5.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the environmental
services & equipment peer group is also "buy"

Wall Street's median 12-month price target for Tetra Tech Inc is
$49.50 
This summary was machine generated from LSEG data January 30 at
06:56 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.33           0.35           Beat
 Sep. 30 2024      0.37           0.38           Beat
 Jun. 30 2024      0.31           0.32           Beat
 Mar. 31 2024      0.26           0.28           Beat