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Jul 03, 2022
Tetra Tech Q3 2022 Earnings Report
Tetra Tech achieved record high third quarter results with double digit revenue and earnings growth.
Key Takeaways
Tetra Tech reported record high third quarter results in revenue, net revenue, operating income, and EPS. Revenue totaled $890 million, with net revenue up 13% year-over-year. Operating income increased by 20% year-over-year, and EPS was up 15%.
Revenue in the third quarter totaled $890 million, up 11% year-over-year.
Net revenue was $720 million, up 13% year-over-year.
Operating income was $84 million, up 20% year-over-year.
Earnings per share (EPS) was $1.09, up 15%.
Forward Guidance
Tetra Tech expects EPS for the fourth quarter of fiscal 2022 to range from $1.13 to $1.18 and net revenue to range from $676 million to $726 million. For fiscal 2022, Tetra Tech is increasing adjusted EPS to now range from $4.38 to $4.43 and increasing the guidance for net revenue to range from $2.78 billion to $2.83 billion.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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