Tetra Tech (NASDAQ:TTEK) Announces Earnings Results

Key Points

• Tetra Tech reported quarterly EPS of $0.49, beating analysts’ $0.47 consensus estimate by $0.02.
• FY 2027 EPS guidance was $1.65–$1.80, broadly in line with expectations, while Q1 2027 EPS guidance of $0.36–$0.38 came in below the $0.38 consensus midpoint.
• Shares fell $3.04 to $37.61 on Wednesday. Analysts’ consensus rating remains “Moderate Buy,” with an average price target of $39.

Tetra Tech (NASDAQ:TTEK - Get Free Report) announced its quarterly earnings results on Wednesday. The industrial products company reported $0.49 earnings per share 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 Stock Performance

TTEK traded down $3.04 on Wednesday, reaching $37.61. The company had a trading volume of 11,615,250 shares, compared to its average volume of 2,937,010. Tetra Tech has a fifty-two week low of $25.81 and a fifty-two week high of $43.14. The stock has a market cap of $9.63 billion, a P/E ratio of 22.66 and a beta of 0.86. The company's fifty day moving average is $35.90 and its 200 day moving average is $33.25. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.18.

Analysts Set New Price Targets

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

Key Headlines Impacting Tetra Tech

These are some of the TTEK headlines that stood out recently:

• 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

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.

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