Tetra Tech Q3 revenue beats estimates

Tetra Tech

30/07/2025 21:08

Overview

Tetra Tech Q3 revenue of $1.37 bln beats analyst expectations, per LSEG data

Operating income rises 28% Y/Y to $165 mln

EPS increases 34% Y/Y to $0.43

Outlook

Tetra Tech expects fiscal 2025 net revenue between $4.454 bln and $4.554 bln

Company anticipates fourth-quarter net revenue of $1.0 bln to $1.1 bln

Tetra Tech forecasts fiscal 2025 EPS between $1.49 and $1.54

Company expects fourth-quarter EPS to range from $0.38 to $0.43

Result Drivers

WATER AND ENVIRONMENTAL SERVICES - Growth driven by high-end consulting in water, environment, and sustainable infrastructure

NATURAL DISASTER FUNDING - Increased client funding for natural disaster preparedness and response contributed to results

CONTRACT WINS - Significant contracts with NAVFAC Pacific and USACE boosted performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.37 bln
$1.15 bln (5 Analysts)
Q3 EPS
$0.43
Q3 Operating Income
$165 mln


Analyst Coverage

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 average consensus recommendation for the environmental services & equipment peer group is "buy"

Wall Street's median 12-month price target for Tetra Tech Inc is $41.00, about 8.4% above its July 29 closing price of $37.54

The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nBw4jSz4La

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)