Tetra Tech, Inc. (NASDAQ:TTEK) is reporting fourth quarter financial results on Wednesday 11th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, TTEK is expected to report 4Q20 income of $ 0.80 per share from revenue of $ 586.19 million.
For the full year, analysts anticipate top line of $ 2348.33 million, while looking forward to income of $ 3.16 per share bottom line.
The Company Outlook
Earnings for 4Q20 are anticipated in a range of $ 0.78 ~ $ 0.83 per share, while revenues are expected in a range of $ 560.00 million ~ $ 600.00 million
Full Year 2020 topline are forecasted in a range of$ 2,320.00 million ~ $ 2,360.00 million, where as bottomline are predicted in a range of $ 3.13 ~ $ 3.18 per share
Click Here For More Historical Outlooks Of Tetra Tech, Inc.
Previous Quarter Performance
Tetra Tech, Inc. outlined income for the third quarter of $ 0.78 per share, from the revenue of $ 560.28 million. Wall street analysts are predicting, TTEK to report 3Q20 income of $ 0.72 per share from revenue of $ 555.94 million. The bottom line results beat street analysts by $ 0.06 or 8.33 percent, at the same time, top line results outshined analysts by $ 4.34 million or 0.78 percent.
Stock Performance
Shares of Tetra Tech, Inc. traded up $ 1.80 or 1.58 percent on Tuesday, reaching $ 115.43 with volume of 412.70 thousand shares. Tetra Tech, Inc. has traded high as $ 116.70 and has cracked $ 113.57 on the downward trend
The closing price of $ 115.43, representing a 78.64 % increase from the 52 week low of $ 63.61 and a 10.66 % decrease over the 52 week high of $ 127.19.
The company has a market capital of $ 6.22 billion and is part of the Industrials sector and Engineering & Construction industry.
Tetra Tech, Inc. provides consulting and engineering services worldwide. It operates through Government Services Group (GSG) and Commercial/International Services Group (CIG) segments.
