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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.