Tetra Tech (NASDAQ:TTEK) Issues Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Tetra Tech (NASDAQ:TTEK) released its quarterly earnings results on Wednesday. The industrial products company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02, Zacks reports. Tetra Tech had a return on equity of 22.32% and a net margin of 8.60%. Tetra Tech updated its FY 2027 guidance to 1.650-1.800 EPS and its Q1 2027 guidance to 0.360-0.380 EPS.

Tetra Tech Price Performance

Shares of NASDAQ TTEK traded down $3.04 during midday trading on Wednesday, reaching $37.61. The company’s stock had a trading volume of 11,615,250 shares, compared to its average volume of 2,937,010. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.18. Tetra Tech has a fifty-two week low of $25.81 and a fifty-two week high of $43.14. The business’s 50 day moving average price is $35.90 and its two-hundred day moving average price is $33.25. The company has a market cap of $9.63 billion, a P/E ratio of 22.66 and a beta of 0.86.

Key Headlines Impacting Tetra Tech

These are some of the TTEK headlines that stood out recently:

• Positive Sentiment: Tetra Tech reported fourth-quarter revenue of $1.34 billion and net revenue of $1.15 billion, up 5% year over year. Quarterly EPS was $0.49, topping the $0.47 consensus estimate. Tetra Tech Reports Strong Fourth Quarter and Fiscal Year 2026 Results
• Neutral Sentiment: For fiscal 2027, the company forecast EPS of $1.65–$1.80 and revenue of $4.4–$4.6 billion. The midpoint of each range is close to analyst consensus, suggesting the full-year outlook was broadly in line.
• Neutral Sentiment: A pre-results market analysis attributed the session weakness to investor caution and profit-taking ahead of the earnings announcement, rather than a confirmed operational setback. Why Tetra Tech Stock Is Down Today

Analyst Upgrades and Downgrades

TTEK has been the subject of a number of research reports. Weiss Ratings raised Tetra Tech from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, October 27th. KeyCorp reissued an “overweight” rating and issued a $41.00 target price (down from $43.00) on shares of Tetra Tech in a research report on Thursday, October 15th. Wall Street Zen downgraded shares of Tetra Tech from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Royal Bank Of Canada decreased their price target on shares of Tetra Tech from $46.00 to $44.00 and set an “outperform” rating on the stock in a research note on Thursday, October 15th. Finally, Robert W. Baird set a $37.00 price target on shares of Tetra Tech in a research report on Thursday, July 30th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $39.00.

About Tetra Tech

Tetra Tech, Inc. is a consulting and engineering services company founded in 1966. It works with government and commercial clients on projects involving water, the environment, infrastructure, energy, and resource management. The company provides services across the project lifecycle, including planning, consulting, engineering, design, and program and construction management. Its work includes water supply and wastewater systems, environmental assessment and remediation, infrastructure development, and climate resilience.