Tetra Tech (TTEK) Tops Q3 EPS by 7c

Tetra Tech (NASDAQ: TTEK) reported Q3 EPS of $0.95, $0.07 better than the analyst estimate of $0.88. Revenue for the quarter came in at $802 million versus the consensus estimate of $625.76 million.

Tetra Tech’s Chairman and CEO, Dan Batrack, commented, “Our business generated record third quarter results driven by strong double-digit revenue growth in both our U.S. state & local and international businesses. The demand to address the challenges of global climate change and sustainable infrastructure priorities are well aligned with our market leading positions in water and environment. Our Leading with Science® approach is in more demand than ever and augmented by Tetra Tech Delta, our suite of proprietary technologies and analytical tools. We continued to invest in long-term strategic growth areas by adding Hoare Lea who joins our global High Performance Buildings practice. Given our results to date and outlook, we are increasing our guidance outlook for fiscal 2021.”

For earnings history and earnings-related data on Tetra Tech (TTEK) click here.

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