Tetra Tech Inc. (TTEK) posted first quarter net income of $18.7 million or $0.30 per share, compared to $16.3 million or $0.27 per share in the same quarter last year.
On average, 17 analysts polled by Thomson Reuters expected the company to report earnings of $0.29 per share. Analysts' estimates typically exclude special items.
Revenue in the quarter was $542.0 million, down 15.1% from $638.7 million in the preceding year period. Seventeen Wall Street analysts expected revenues of $339.71 million.
Looking forward, for the second quarter, Tetra Tech expects earnings per share in the range of $0.20 to $0.23. Revenue, net of subcontractor costs, for the quarter is expected to range from $310 million to $330 million.
Street analysts expect earnings of $0.30 per share on revenues of $354.69 million.
Further ahead, for the fiscal year 2010, Tetra Tech now expects earnings per share in the range of $1.08 to $1.18. Revenue, net of subcontractor costs, for fiscal 2010 is now expected to range from $1.4 billion to $1.5 billion. Previously, the company estimated earnings in the range of $1.25 - $1.35 per share on revenue, net of subcontractor costs, in the range of $1.45 billion - $1.55 billion.
Street analysts expect earnings of $1.32 per share on revenue of $1.50 billion.
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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.