Tetra Tech, Inc. (TTEK) announced on Wednesday that their earnings for the fourth quarter reached $0.35 per share, marking a 75% increase over the previous year's $0.20 per share. When adjusted, earnings were $0.38 per share, compared to $0.33 per share the previous year. Analysts, as surveyed by Thomson Reuters, had anticipated earnings of $0.37 per share for the quarter. The company's net revenue also experienced an 8% increase, rising to $1.14 billion from $1.06 billion in the same quarter of the previous year.
Looking forward, Tetra Tech projects its earnings for the first quarter to range between $0.32 and $0.34 per share, with expectations for the fiscal year 2025 set between $1.40 and $1.50 per share. Analysts forecast earnings of $0.34 per share for the first quarter and $1.50 per share for the entire year 2025. Furthermore, Tetra Tech anticipates revenue between $1.090 and $1.150 billion for the first quarter, and between $4.565 and $4.765 billion for the fiscal year 2025. Analysts, however, have predicted revenues of $1.09 billion for the first quarter and $4.66 billion for the full year 2025.
