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 |
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