Tetra Tech Inc. (TTEK) announced after the close Tuesday that it now expects to report a third quarter loss of $0.30 to $0.50, with revenues of $440 million to $490 million. The consensus estimates are for a profit of $0.38 and revenues of $548.6 million.
Tetra Tech gapped open sharply lower Wednesday and is now down 3.60 at $23.16 on above average volume. The stock has plunged to a new low for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.