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

• Tetra Tech, Inc. reported quarterly adjusted earnings of 49 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of seven analysts for the quarter was for earnings of 47 cents per share. Wall Street expected results to range from 46 cents to 47 cents per share.

• Revenue fell 0.9% to $1.15 billion from a year ago; analysts expected $1.15 billion.

• Tetra Tech, Inc.'s reported EPS for the quarter was 51 cents​.

• The company reported quarterly net income of $131.72 million.

• Tetra Tech, Inc. shares had risen by 23.4% this quarter and gained 21.2% 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 6 "strong buy" or "buy," 3 "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 $41.00, about 8.3% above its last closing price of $37.61

This summary was machine generated from LSEG data November 12 at 01:00 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)