- Tetra Tech reported a fourth-quarter net revenue of $1.14 billion, representing an 8.2% increase year-over-year, meeting the estimate of $1.14 billion.
- The company’s adjusted earnings per share (EPS) dropped significantly to 38 cents from $1.78 in the previous year.
- Dividend per share decreased to 5.80 cents from the previous year’s 26 cents.
- For the first quarter of fiscal 2025, Tetra Tech projects net revenue to be between $1.090 billion and $1.150 billion.
- EPS for the next quarter is expected to range from 32 cents to 34 cents.
- Tetra Tech attributes its strong quarterly and annual results to growing demand for their consulting services in managing water resources and resilient infrastructure.
- The company experienced a 12% increase in backlog orders, reaching a record high of $5.38 billion.
- Stock recommendations for Tetra Tech include 5 buy ratings and 2 hold ratings, with no sell ratings.
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Tetra Tech Inc on Smartkarma
Analyst coverage of Tetra Tech Inc on Smartkarma has been positive, with insight from Baptista Research shedding light on the company’s recent performance. In their report titled “Tetra Tech Inc.- A Tale Of International Market Expansion and Diversification! – Major Drivers,” Tetra Tech’s third-quarter earnings for fiscal year 2024 were highlighted as a showcase of the company’s financial health and operational achievements. The report mentions a notable 12% increase in net revenue, reaching a record $1.11 billion for any quarter in the company’s history. Furthermore, Tetra Tech experienced substantial EBITDA growth of 32% to $129 million, indicating a strong margin improvement in relation to revenue growth.
A look at Tetra Tech Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma’s Smart Scores, Tetra Tech Inc has a promising long-term outlook. With a Growth score of 4 and a Momentum score of 4, the company shows strong potential for expansion and upward movement in the future. This indicates that Tetra Tech is well-positioned for continued growth and market success.
While the company’s Value and Dividend scores are more moderate at 2, Tetra Tech’s Resilience score of 3 signifies a good level of stability and ability to weather economic fluctuations. Overall, Tetra Tech, Inc. appears to be a solid choice for investors looking for a company with growth potential and resilience in the face of market challenges.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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