Tetra Tech Q4 Profit Down - Quick Facts

(RTTNews) - Tetra Tech Inc. (TTEK) Wednesday reported fourth-quarter profit of $25.20 million or $0.39 per share, down from $30.43 million or $0.47 per share in the same period last year.

On average, nine analysts polled by Thomson Reuters expected the company to earn $0.36 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues decreased to $698.4 million from $719.4 million last year. Analysts expected revenues of $521.54 million.

Looking ahead to the first quarter, the company has forecast earnings in the range of $0.35 to $0.40 per share. Revenues, net of subcontractor costs, is expected to range from $440 million to $500 million.

Analysts currently expect the company to earn $0.38 per share on first-quarter revenues of $508.48 million.

For the fiscal 2014, Tetra Tech currently projects earnings in the order of $1.60 to $1.80 per share, with cash EPS in the range of $2.30 to $2.60 per share. Revenues, net of subcontractor costs, is expected to range between $2.1 billion and $2.3 billion.

Analysts currently expects to report full-year earnings of $0.67 per share on revenues of $2.01 billion.