Tetra Tech (TTEK) Beats Q1 Earnings and Revenue Estimates

Financial Performance - Tetra Tech reported quarterly earnings of $0.35 per share, exceeding the Zacks Consensus Estimate of$0.34 per share, and up from $0.28 per share a year ago, representing an earnings surprise of 2.94$1.2 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 8.85%, compared to $1.02 billion in the same quarter last year [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$0.33 on revenues of $1.15 billion, and for the current fiscal year, it is$1.45 on revenues of $4.66 billion [7] - The estimate revisions trend for Tetra is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - Tetra Tech operates within the Zacks Pollution Control industry, which is currently ranked in the bottom 40% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - The performance of Tetra's stock may be influenced by the overall outlook for the Pollution Control industry, as empirical research indicates that top-ranked industries outperform lower-ranked ones significantly [8]