Tetra Tech (NASDAQ:TTEK) Issues Earnings Results, Beats Estimates By $0.02 EPS

Tetra Tech (NASDAQ:TTEK) announced its quarterly earnings data on Wednesday. The industrial products company reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02, Zacks reports. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%. Tetra Tech updated its FY 2027 guidance to 1.650-1.800 EPS and its Q1 2027 guidance to 0.360-0.380 EPS.

Tetra Tech Trading Down 7.5%

Tetra Tech stock traded down $3.05 during mid-day trading on Wednesday, hitting $37.60. The company’s stock had a trading volume of 11,772,269 shares, compared to its average volume of 2,937,010. The firm has a market capitalization of $9.63 billion, a PE ratio of 22.65 and a beta of 0.86. Tetra Tech has a 1 year low of $25.81 and a 1 year high of $43.14. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.43. The stock’s fifty day moving average is $35.90 and its two-hundred day moving average is $33.25.

Trending Headlines about Tetra Tech

Investors following TTEK have been watching these headlines:

• Neutral Sentiment: For fiscal 2027, the company forecast EPS of $1.65–$1.80 and revenue of $4.4–$4.6 billion. The midpoint of each range is close to analyst consensus, suggesting the full-year outlook was broadly in line.
• Negative Sentiment: First-quarter 2027 guidance came in below consensus at the midpoint: EPS of $0.36–$0.38 versus $0.38 expected, and revenue of $1.0–$1.1 billion versus $1.1 billion expected. This near-term shortfall may weigh on sentiment despite the strong reported quarter.
• Neutral Sentiment: A pre-results market analysis attributed the session weakness to investor caution and profit-taking ahead of the earnings announcement, rather than a confirmed operational setback. Why Tetra Tech Stock Is Down Today

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TTEK. KeyCorp reaffirmed an “overweight” rating and issued a $41.00 target price (down from $43.00) on shares of Tetra Tech in a research note on Thursday, October 15th. Royal Bank Of Canada lowered their price target on shares of Tetra Tech from $46.00 to $44.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Robert W. Baird set a $37.00 price target on shares of Tetra Tech in a research report on Thursday, July 30th. Weiss Ratings raised shares of Tetra Tech from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, October 27th. Finally, Wall Street Zen cut shares of Tetra Tech from a “buy” rating to a “hold” rating in a research report on Saturday, October 17th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $39.00.

Tetra Tech Company Profile

Tetra Tech, Inc. is a consulting and engineering services company founded in 1966. It works with government and commercial clients on projects involving water, the environment, infrastructure, energy, and resource management. The company provides services across the project lifecycle, including planning, consulting, engineering, design, and program and construction management. Its work includes water supply and wastewater systems, environmental assessment and remediation, infrastructure development, and climate resilience.