Tetra Tech Reports Second Quarter 2016 Results

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Go back to Tetra Tech Reports Second Quarter 2016 Results

FBR Capital Downgrades Tetra Tech (TTEK) to Market Perform

April 29, 2016 6:28 AM EDT

FBR Capital downgraded Tetra Tech (NASDAQ: TTEK) from Outperform to Market Perform with a price target of $32.00.

Analyst Alex Rygie commented, "On April 27, after the close, Tetra Tech announced F2Q16 results that were mostly in line with our and consensus expectations. On an adjusted basis, EBITDA totaled $46M (+9% YOY) with EPS of $0.37 (vs.... More

Tetra Tech (TTEK) Tops Q2 EPS by 2c

April 27, 2016 4:33 PM EDT

Tetra Tech (NASDAQ: TTEK) reported Q2 EPS of $0.37, $0.02 better than the analyst estimate of $0.35. Revenue for the quarter came in at $617 million versus the consensus estimate of $466.92 million.

GUIDANCE:

Tetra Tech sees Q3 2016 EPS of $0.47-$0.52, versus the consensus... More