Tetra Tech (TTEK) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.32 per share a year ago.
TTEK clinches a $248M USACE contract to provide A-E design services for military bases across eight European countries.
Tetra Tech has weathered USAID/State Department cuts, with backlog poised to recover and margin mix improving as low-margin work decreases. Core business segments remain strong, supported by robust government and defense contracts, and secular growth in water, data centers, and PFAS remediation. Valuation is attractive at a discount to historical averages, with upside potential as backlog and margins improve and the company pursues accretive M&A.
TTEK surges 22.4% in three months, fueled by acquisitions, strong federal orders and a bullish FY25 revenue outlook.
Tetra (TTEK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Tetra (TTEK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
TTEK's second-quarter fiscal 2025 results reflect growth across each of its segments, driven by solid momentum across end markets.
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) 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.
TTEK clinches a five-year, multiple-award Indefinite Delivery Indefinite Quantity OASIS+ contract from GSA to support federal agencies.
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.
TTEK's acquisition of Carron + Walsh will enable it to strengthen its client network and cross-selling opportunities in Ireland.