Tetra Tech Inc reports results for the quarter ended September 30 - Earnings Summary

Tetra Tech

14/11/2024 03:52

* Tetra Tech Inc  TTEK.OQ  reported quarterly adjusted
earnings of
35 cents​​ per share for the quarter ended September 30, lower
than the same quarter last year, when the company reported EPS
of 36 cents.  The mean expectation of six analysts for the
quarter was for earnings of 37 cents per share. Wall Street
expected results to range from 37 cents to 37 cents per share.
    * Revenue rose 8.2% to $1.14 billion from a year ago;
analysts
expected $1.13 billion. 
    * Tetra Tech Inc's reported EPS for the quarter was 35
cents​.
    * The company reported quarterly net income of $96.15
million.
    * Tetra Tech Inc shares had risen by 2.3% this quarter and
gained 44.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

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
$52.00 
This summary was machine generated from LSEG data November 14 at
03:52 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
 Sep. 30 2024      0.37           0.35           Missed
 Jun. 30 2024      0.31           0.32           Beat
 Mar. 31 2024      0.26           0.28           Beat
 Dec. 31 2023      0.27           0.28           Beat