Tetra Tech (NASDAQ:TTEK) Issues FY 2027 Earnings Guidance

Tetra Tech (NASDAQ:TTEK) issued an update on its FY 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.650-1.800 for the period, compared to the consensus EPS estimate of 1.720. The company issued revenue guidance of $4.4 billion-$4.6 billion, compared to the consensus revenue estimate of $4.5 billion. Tetra Tech also updated its Q1 2027 guidance to 0.360-0.380 EPS.

Analyst Upgrades and Downgrades

TTEK has been the topic of several analyst reports. Royal Bank Of Canada reduced 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 report on Thursday, October 15th. Weiss Ratings upgraded Tetra Tech from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, October 27th. Robert W. Baird set a $37.00 target price on Tetra Tech in a research note on Thursday, July 30th. Wall Street Zen cut Tetra Tech from a “buy” rating to a “hold” rating in a research note on Saturday, October 17th. Finally, KeyCorp restated 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. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $39.00.

Tetra Tech Trading Down 7.5%

Shares of TTEK traded down $3.04 during midday trading on Wednesday, hitting $37.61. 11,615,250 shares of the stock were exchanged, compared to its average volume of 2,937,010. Tetra Tech has a 52-week low of $25.81 and a 52-week high of $43.14. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a fifty day simple moving average of $35.90 and a 200 day simple moving average of $33.25. The firm has a market cap of $9.63 billion, a P/E ratio of 22.66 and a beta of 0.86.

Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings results on Wednesday, November 11th. The industrial products company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. Tetra Tech had a net margin of 8.60% and a return on equity of 22.32%. Tetra Tech has set its FY 2027 guidance at 1.650-1.800 EPS and its Q1 2027 guidance at 0.360-0.380 EPS. On average, research analysts anticipate that Tetra Tech will post 1.58 EPS for the current fiscal year.

More Tetra Tech News

These are some of the TTEK news items that stood out recently:

• 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.
• Negative Sentiment: First-quarter 2027 guidance came in below consensus at the midpoint: EPS of $0.36–$0.38 versus $0.38 expected, and revenue of $1.0–$1.1 billion versus $1.1 billion expected. This near-term shortfall may weigh on sentiment despite the strong reported quarter.
• 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

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.