Tetra Tech (NASDAQ:TTEK) Releases Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Tetra Tech (NASDAQ:TTEK) announced its quarterly earnings data on Wednesday. The industrial products company reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02, Zacks reports. Tetra Tech had a net margin of 8.67% and a return on equity of 22.46%. The firm had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period last year, the firm earned $0.45 earnings per share. The business’s revenue for the quarter was up 15.2% on a year-over-year basis. 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

NASDAQ:TTEK opened at $39.14 on Friday. 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 has a market cap of $10.02 billion, a P/E ratio of 23.24 and a beta of 0.86. The stock has a 50 day simple moving average of $36.01 and a 200 day simple moving average of $33.26.

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 dividend of $0.0720 per share. The ex-dividend date is Wednesday, December 2nd. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.7%. Tetra Tech’s dividend payout ratio (DPR) is 16.57%.

More Tetra Tech News

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

• Positive Sentiment: Quarterly results beat expectations: Tetra Tech reported adjusted earnings of $0.49 per share, versus the $0.47 consensus. Fourth-quarter net revenue rose 5% year over year to $1.15 billion. Tetra Tech fourth-quarter and fiscal 2026 results
• Positive Sentiment: Backlog provides visibility: Fiscal year-end funded backlog reached $4.67 billion, with new orders exceeding $1.6 billion—supporting prospects for future work. Tetra Tech backlog and new orders
• Negative Sentiment: Near-term guidance leaves some room for caution: First-quarter EPS guidance of $0.36–$0.38 and revenue guidance of $1.0–$1.1 billion are below or at the low end of consensus estimates, which could temper optimism about the strong results.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Wall Street Zen downgraded shares of Tetra Tech from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. KeyCorp increased their price objective on Tetra Tech from $41.00 to $42.00 and gave the stock an “overweight” rating in a report on Friday. Robert W. Baird lifted their target price on Tetra Tech from $37.00 to $40.00 and gave the company a “neutral” rating in a research report on Thursday. Royal Bank Of Canada decreased their price target on shares of Tetra Tech from $46.00 to $44.00 and set an “outperform” rating for the company in a research note 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. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $40.25.

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.