Tetra Tech Inc. (TTEK) reported first quarter net income of $0.30 per share after the close Wednesday, compared to the $0.27 reported last year. The consensus estimate was for EPS of $0.29. The company expects to report second quarter EPS of $0.20 to $0.23 and full year 2010 EPS of $1.08 to $1.18. The consensus estimates are for EPS of $0.30 and $1.32.
Tetra Tech Inc. gapped down sharply Thursday, but traded in a range for the majority of the session. Shares finished lower by $4.32 at $20.75 on the highest volume of the year. The stock dropped to a 10-month low.
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