Tetra Tech Fiscal Q2 Adjusted Earnings, Revenue Rise; Provides Q3 Guidance, Revises Full Year Outlook

MT Newswires Live
08 May

Tetra Tech (TTEK) reported fiscal Q2 adjusted earnings late Wednesday of $0.33 per share, up from $0.28 a year earlier.

Analysts polled by FactSet expected $0.30.

Net revenue for the three months ended March 30 was $1.10 billion, compared with $1.05 billion a year earlier. Analysts surveyed by FactSet expected $1.04 billion.

For fiscal Q3, the company expects EPS to range from $0.35 to $0.40 on net revenue of $1.10 billion to $1.20 billion. Analysts are looking for EPS of $0.34 on revenue of $1.10 billion.

For fiscal 2025, the company said it revised its adjusted EPS guidance to a range of $1.42 to $1.52 on revenue of $4.40 billion to $4.77 billion from the prior guidance of $1.37 to $1.52 and $4.37 billion to $4.77 billion, respectively.

Analysts are expecting EPS of $1.41 on revenue of $4.49 billion.

Shares were up nearly 5% in recent after-hours activity.

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