Tetra Tech (TTEK) Beats on Q1 Earnings, Raises 2024 Guidance [Yahoo! Finance]
Tetra Tech, Inc. (TTEK)
Last tetra tech, inc. earnings: 4/29 04:36 pm
Check Earnings Report
US:NASDAQ Investor Relations:
tetratech.com/en/investor-relations
Company Research
Source: Yahoo! Finance
TTEK reported first-quarter fiscal 2024 (ended Dec 31, 2023) adjusted earnings of $1.40 per share, which surpassed the Zacks Consensus Estimate of $1.35. The bottom line surged 4.5% year over year driven by strong momentum in each of its segments. The bottom line also surpassed management's projection of earnings of $1.30-$1.38 per share. Revenue & Segmental Performance In the fiscal first quarter, Tetra Tech generated adjusted revenues of $1.2 billion, reflecting a year-over-year increase of 37.3%. Adjusted net revenues (adjusted revenues minus subcontractor costs) were $1.0 billion, up 37.8% year over year. The quarterly top line was in line with the high range of management's guidance of $950 million -$1.0 billion. Tetra Tech's revenues exceeded the Zacks Consensus Estimate of $974 million. The backlog at the end of the fiscal quarter was $4.7 billion, up 24.2% year over year. Revenues from U.S. Federal customers (accounting for 30% of the quarter's revenues) were up 49
Show less
Read more
Impact Snapshot
Event Time:
TTEK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TTEK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TTEK alerts
High impacting Tetra Tech, Inc. news events
Weekly update
A roundup of the hottest topics
TTEK
News
- Tetra Tech Releases 2024 Sustainability Report Advancing Global Project Impact to 625 Million PeopleBusiness Wire
- Tetra Tech Announces Planned Dates for Second Quarter 2024 Results and Conference CallBusiness Wire
- Tetra Tech Receives Award for Innovative PFAS Water Treatment ProgramBusiness Wire
- Reasons Why Tetra Tech (TTEK) Should be in Your Portfolio [Yahoo! Finance]Yahoo! Finance
- Tetra Tech to Host Inaugural Investor Day on May 14, 2024Business Wire
TTEK
Earnings
- 1/31/24 - Beat
TTEK
Sec Filings
- 3/1/24 - Form 8-K
- 2/22/24 - Form 4
- 2/22/24 - Form 4
- TTEK's page on the SEC website