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Tetra Tech (TTEK)
NASDAQ:TTEK
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
0.37Last Year’s EPS
0.32Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 14.22%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
Despite the significant loss of its largest client, Tetra Tech reported record revenue and earnings, driven by strong performance across other segments and geographic diversification. The acquisition of SAGE and Carron + Walsh positions the company for future growth. However, challenges remain in the Australian market and with cash flow management due to USAID-related issues.Company Guidance
In the Tetra Tech earnings call for the second quarter of fiscal year 2025, CEO Dan Batrack highlighted the company's robust performance despite the unexpected loss of their largest client by revenue. The quarter saw record results in several metrics, including net revenue of $1.1 billion, a $51 million increase from the previous year, operating income of $130 million, up 11%, and earnings per share (EPS) of $0.33, reflecting an 18% growth. The Government Services Group (GSG) segment reported a 12% revenue increase to $521 million, with a 13.8% margin. Meanwhile, the Commercial/International Group (CIG) segment maintained a 13.2% margin with $597 million in revenue. Tetra Tech's backlog stood at $4.31 billion, with a book-to-bill ratio of 1.1x. The company continues to expand its contract capacity, now holding over $30 billion in U.S. federal government capacity, and has recently enhanced its capabilities with acquisitions like Carron + Walsh and the SAGE Group. Looking ahead, Tetra Tech provided guidance for the third quarter, projecting net revenue of $1.1 to $1.2 billion and an adjusted EPS of $0.35 to $0.40, while raising the lower end of its annual revenue guidance to $4.4 to $4.765 billion with an EPS of $1.42 to $1.52.Record Revenue and Earnings
Tetra Tech reported one of the highest quarterly revenues in its history, with net revenue increasing to $1.1 billion, up by $51 million compared to the same quarter last year. Operating income was $130 million, up 11% from the previous year, and earnings per share increased by 18% to $0.33.
Strong Performance in Government Services Group
The Government Services Group (GSG) segment saw a 12% year-over-year revenue increase to $521 million, with a margin of 13.8%.
U.S. Federal and State & Local Growth
Revenue from U.S. federal clients increased by 16%, with notable contributions from disaster response activities and Department of Defense projects. State and local revenues grew by 44% year-over-year.
International Expansion and Acquisitions
Tetra Tech expanded its international footprint with the acquisition of Carron + Walsh in Ireland and SAGE Group in Australia, enhancing its capabilities in program management and digital systems.
Increased Dividend and Stock Buyback Program
The Board approved a 12% increase in the quarterly dividend and announced an additional $500 million for stock buybacks.
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TTEK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TTEK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $30.88 | $34.88 | +12.95% |
Jan 29, 2025 | $37.60 | $36.50 | -2.93% |
Nov 13, 2024 | $47.20 | $40.83 | -13.50% |
Jul 31, 2024 | $42.46 | $46.29 | +9.02% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Tetra Tech (TTEK) report earnings?
Tetra Tech (TTEK) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Tetra Tech (TTEK) earnings time?
Tetra Tech (TTEK) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TTEK EPS forecast?
TTEK EPS forecast for the fiscal quarter 2025 (Q3) is 0.37.
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