12.11.2014 23:26:35

Tetra Tech Q4 Profit Down - Quick Facts

(RTTNews) - Tetra Tech, Inc. (TTEK) Wednesday reported fourth-quarter net income of $22.6 million or $0.35 per share, down from $25.2 million or $0.39 per share last year.

Revenues, net of subcontractor costs, for the quarter dropped to $462.2 million from $531.5 million last year.

Analysts polled by Thomson Reuters expected earnings of $0.35 per share on revenues of $478.6 million for the quarter. Analysts' estimates typically exclude special items.

Looking forward to the first quarter, Tetra Tech expects earnings of $0.32 to $0.36 per share, and revenues, net of subcontractor costs, of $420 million to $470 million. Analysts currently estimate earnings of $0.37 per share on revenues of $444.28 million for the quarter.

For the fiscal year 2015, Tetra Tech expects earnings of $1.55 to $1.75 per share and revenues, net of subcontractor costs, of $1.75 billion to $1.95 billion. Analysts currently estimate earnings of $1.65 per share on revenues of $1.83 billion for the quarter.

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Tetra Tech Inc. 38,40 1,05% Tetra Tech Inc.