Tetra Tech Inc. (TTEK) announced that it now expects third quarter loss per share to range from $0.30 to $0.50 and revenue, net of subcontractor costs, is now expected to range from $440 million to $490 million.
Previously, the company expected earnings in the range of $0.32 to $0.42 per share and revenues in range of $525 million to $575 million.
Analysts currently expect third quarter earnings of $0.38 per share and revenues of $548.60 million.
Further, Tetra Tech's Board of Directors has authorized the repurchase of up to $100 million of its common stock.
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