Tetra Tech (NASDAQ:TTEK) Releases Q1 2027 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) issued an update on its first quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.360-0.380 for the period, compared to the consensus EPS estimate of 0.380. The company issued revenue guidance of $1.0 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. Tetra Tech also updated its FY 2027 guidance to 1.650-1.800 EPS.

Tetra Tech Stock Down 7.5%

Shares of NASDAQ TTEK opened at $37.61 on Thursday. The firm has a fifty day simple moving average of $35.94 and a two-hundred day simple moving average of $33.25. Tetra Tech has a 12 month low of $25.81 and a 12 month 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 firm has a market capitalization of $9.63 billion, a PE ratio of 22.66 and a beta of 0.86.

Tetra Tech (NASDAQ:TTEK) last released its quarterly earnings results on Thursday, November 12th. The industrial products company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.02. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the company posted $0.45 earnings per share. The firm’s revenue was up 15.2% on a year-over-year basis. Equities analysts expect that Tetra Tech will post 1.58 earnings per share for the current year.

Tetra Tech Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Wednesday, December 2nd will be paid a $0.0720 dividend. This represents a $0.29 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Wednesday, December 2nd. Tetra Tech’s dividend payout ratio is currently 17.47%.

Wall Street Analysts Forecast Growth

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

Latest Tetra Tech News

These are some of the TTEK news items that stood out recently:

• Positive Sentiment: Fiscal 2027 guidance is broadly in line with analyst expectations: EPS of $1.65–$1.80 versus consensus of $1.72, and revenue of $4.4–$4.6 billion versus $4.5 billion expected. The earnings beat and guidance near estimates help explain the positive investor response. Fiscal Q4 results and fiscal 2027 outlook
• Positive Sentiment: The board declared a quarterly dividend of $0.072 per share, payable December 11 to shareholders of record December 2. The annualized dividend is about $0.29 per share. Quarterly dividend announcement
• Negative Sentiment: Near-term guidance is a modest watch point: first-quarter EPS guidance of $0.36–$0.38 tops out at the $0.38 consensus, while revenue guidance of $1.0–$1.1 billion reaches consensus only at the high end. Tetra Tech guidance

About Tetra Tech

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.