Benzinga | Nov 11, 2020 04:11PM EST

Tetra Tech: Q4 Earnings Insights

Shares of Tetra Tech (NASDAQ:TTEK) were flat after the company reported Q4 results.

Quarterly Results

Earnings per share increased 3.41% year over year to $0.91, which beat the estimate of $0.80.

Revenue of $589,814,000 declined by 7.87% from the same period last year, which beat the estimate of $586,190,000.

Outlook

Tetra Tech Sees Q1 EPS $0.78-$0.83 vs $0.82 Estimate, Sales $570M-$600M vs $593M Est.

Tetra Tech Sees FY21 EPS $3.30-$3.50 vs $3.38 Estimate, Sales $2.35B-$2.55B vs $2.42B Est.

Price Action

Company's 52-week high was at $127.19

Company's 52-week low was at $63.61

Price action over last quarter: Up 26.16%

Company Profile

Tetra Tech Inc provides consulting and engineering services for environmental, infrastructure, resource management, energy, and international development markets. It specializes in providing water-related services for public and private clients. It designs infrastructure, facilities, and other structures with complex plans and resource management. Tetra Tech has two reportable segments. Its Government Services Group (GSG) reportable segment primarily includes activities with U.S. government clients (federal, state and local) and activities with development agencies worldwide. Commercial/International Services Group (CIG) reportable segment primarily includes activities with U.S. commercial clients and international clients other than development agencies.