Tetra Tech, Inc. (TTEK)
Tetra Tech Q2 Earnings & Revenues Top Estimates, Increase Y/Y
TTEK's second-quarter fiscal 2025 results reflect growth across each of its segments, driven by solid momentum across end markets.
Tetra Tech, Inc. (TTEK) Q2 2025 Earnings Call Transcript
Tetra Tech, Inc. (NASDAQ:TTEK ) Q2 2025 Earnings Conference Call May 8, 2025 11:00 AM ET Company Participants Dan Batrack - President and Chief Executive Officer Steven Burdick - Chief Financial Officer Leslie Shoemaker - Chief Innovation and Sustainability Officer Joseph Fong - Lead, High Performance Buildings Conference Call Participants Tim Mulrooney - William Blair & Company Sangita Jain - KeyBanc Capital Markets Inc. Sabahat Khan - RBC Capital Markets Ryan Connors - Northcoast Research Partners, LLC Andrew Wittmann - Robert W. Baird & Co. Michael Dudas - Vertical Research Partners Operator Good morning, and thank you for joining the Tetra Tech Earnings Call.
Tetra Tech (TTEK) Q2 Earnings and Revenues Surpass Estimates
Tetra Tech (TTEK) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.28 per share a year ago.
Tetra Tech Secures Extended Multiple-Award OASIS+ Contract From GSA
TTEK clinches a five-year, multiple-award Indefinite Delivery Indefinite Quantity OASIS+ contract from GSA to support federal agencies.
Tetra Tech Wins Architect-Engineer Services Contract From USACE
TTEK clinches a $46 million multiple-award deal from USACE to provide engineering and design solutions for a wide range of projects that include improving roads, buildings and military sites.
Tetra Tech Buys Carron + Walsh, Expands Client Base in Ireland
TTEK's acquisition of Carron + Walsh will enable it to strengthen its client network and cross-selling opportunities in Ireland.
Tetra Tech Secures Stormwater Management Contract in the United Kingdom
TTEK clinches a five-year multiple-award deal from United Utilities for the management of flooding and control of stormwater overflows in the United Kingdom.
Tetra Tech Wins $416M Civil Engineering Contracts From USACE
TTEK clinches three $416 million multiple-award deals from the USACE to provide technical services for facilities and sites across the Indo-Pacific region.
Tetra Tech: Recent Correction Is A Buying Opportunity
Tetra Tech's stock correction due to USAID concerns appears overdone as USAID is just ~10% of its revenue and TTEK continues to see healthy secular growth trends in remaining businesses. Margins are expected to expand as the company shifts focus to higher-margin consulting services and reduces lower-margin USAID work. The stock's recent correction is presenting a buying opportunity, given the company's strong fundamentals and exposure to secular growth trends.
Tetra Tech Bought Its Way To The Top, Can It Keep Doing This?
Tetra Tech has a strong balance sheet, a resilient revenue base, and delivered double-digit revenue growth through strategic acquisitions, expanding margins and controlling costs. Tetra Tech's profitability, cash flow generation, and disciplined capital allocation stand out, with strong operational performance and balanced reinvestment and shareholder returns. Despite a 24% margin of safety in my valuation, I recommend waiting for a 30% margin of safety before buying, due to recent stock price declines.
Here's Why Investors Should Avoid Tetra Tech Stock Right Now
Increasing costs and high debt levels weigh on TTEK. Unfavorable foreign currency movement is an added concern.
Why Is Tetra (TTEK) Down 18.8% Since Last Earnings Report?
Tetra (TTEK) reported earnings 30 days ago. What's next for the stock?
