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Stock impact report

Why Is Tetra (TTEK) Up 7.9% Since Last Earnings Report? [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
Will the recent positive trend continue leading up to its next earnings release, or is Tetra due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Tetra Tech Beats on Q1 Earnings, Raises 2024 Guidance Tetra Tech 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 quart Show less Read more
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