Tetra Tech, Inc. (NASDAQ:TTEK ) Q1 2025 Results Conference Call January 17, 2025 11:00 AM ET Company Participants Dan Batrack - Chairman and Chief Executive Officer Steve Burdick - Chief Financial Officer Leslie Shoemaker - Chief Innovation Officer Conference Call Participants Tim Mulrooney - William Blair Sangita Jain - KeyBanc Capital Markets Sabahat Khan - RBC Capital Markets Tate Sullivan - Maxim Group Justin Hauke - Baird Michael Dudas - Vertical Research Partners Operator Good morning and thank you for joining Tetra Tech's Earning Call. As a reminder, Tetra Tech is also simulcasting this presentation with slides in the Investor section of its website at tetratech.com.
TTEK's first-quarter fiscal 2025 results reflect growth across each of its segments, driven by solid momentum across end markets.
Tetra Tech (TTEK) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.28 per share a year ago.
TTEK is poised to gain from business strength, acquisitions and shareholder-friendly moves. However, rising costs and expenses pose a threat to its margins and profitability.
Tetra Tech (TTEK) is a highly cash-productive business with strong capital efficiency, earning high returns on capital and offering a favorable risk/reward profile. The company has a robust historical growth record, driven by efficient capital allocation and competitive advantages in the water treatment and environmental consulting sectors. TTEK's valuation is fair at 28x NOPAT in my view, with intrinsic worth estimated between $45-$54/share, making it a buy for a 3-year horizon.
TTEK benefits from strength in the GSG segment, driven by increased environmental and advanced water treatment work.
Tetra Tech, Inc. (NASDAQ:TTEK ) Q3 2024 Earnings Conference Call November 14, 2024 11:00 AM ET Company Participants Dan Batrack - Chairman and Chief Executive Officer Steve Burdick - Chief Financial Officer Leslie Shoemaker - Chief Innovation Officer Conference Call Participants Tim Mulrooney - William Blair Sangita Jain - KeyBanc Capital Markets Ryan Connors - Northcoast Tate Sullivan - Maxim Group Michael Dudas - Vertical Research Partners Sabahat Khan - RBC Capital Markets Operator Good morning and thank you for joining Tetra Tech's Earning Call. As a reminder, Tetra Tech is also simulcasting this presentation with slides in the Investor section of its website at tetratech.com.
TTEK's fiscal fourth-quarter 2024 results reflect growth across each of its segments, driven by solid momentum across end markets.
Tetra Tech (TTEK) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.36 per share a year ago.
TTEK clinches a deal from NI Water to support the planning and delivery of major water and wastewater infrastructure projects in Northern Ireland.
Institutional investors own 93.71% of Tetra Tech, reflecting confidence in its outperformance of the S&P 500. Tetra Tech's competitive advantages include proprietary technologies, as well as superior margins and ROCE compared to competitors. Q3 fiscal 2024 results showed record revenue, increased operating income, and significant backlog growth, indicating sustained profitability and growth.
TTEK clinches a $249 million multiple-award deal from USACE to provide environmental evaluation and design services for facilities and sites across the United States.