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Tetra Tech (TTEK) Q4 Earnings and Revenues Beat Estimates
TTEKTetra Tech(TTEK) ZACKS·2024-11-14 00:01

Company Performance - Tetra Tech reported quarterly earnings of 0.38pershare,exceedingtheZacksConsensusEstimateof0.38 per share, exceeding the Zacks Consensus Estimate of 0.37 per share, and showing an increase from 0.36pershareayearago,representinganearningssurpriseof2.700.36 per share a year ago, representing an earnings surprise of 2.70% [1] - The company posted revenues of 1.14 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 2.46%, and up from 1.06billionyear−over−year[2]−TetraTechhasconsistentlysurpassedconsensusEPSestimatesoverthelastfourquarters[2]StockPerformance−Tetrashareshaveincreasedapproximately44.61.06 billion year-over-year [2] - Tetra Tech has consistently surpassed consensus EPS estimates over the last four quarters [2] Stock Performance - Tetra shares have increased approximately 44.6% since the beginning of the year, compared to the S&P 500's gain of 25.5% [3] - The current consensus EPS estimate for the upcoming quarter is 0.34 on revenues of 1.1billion,andforthecurrentfiscalyear,itis1.1 billion, and for the current fiscal year, it is 1.45 on revenues of $4.64 billion [7] Industry Outlook - The Pollution Control industry, to which Tetra Tech belongs, is currently ranked in the bottom 20% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Tetra Tech's stock may be influenced by the overall outlook for the industry [8]