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Oct 03, 2021
Tetra Tech Q4 2021 Earnings Report
Tetra Tech reported record results for the fourth quarter and fiscal year 2021, with all-time highs for revenue, net revenue, earnings, and backlog.
Key Takeaways
Tetra Tech's Q4 2021 saw record revenue of $892 million, a 20% increase in net revenue to $709 million, and GAAP EPS of $1.52. The company's backlog reached a record $3.48 billion.
Revenue totaled $892 million, up 18% year-over-year.
Net revenue was $709 million, up 20% year-over-year.
EPS was $1.52 on a GAAP basis and adjusted EPS was $1.05, up 85% and 15% year-over-year, respectively.
Backlog at the end of the quarter was a record $3.48 billion, up 7% year-over-year and sequentially.
Forward Guidance
Tetra Tech expects EPS for the first quarter of fiscal 2022 to range from $0.98 to $1.03 and net revenue to range from $630 million to $680 million. For fiscal 2022, Tetra Tech expects EPS to range from $4.00 to $4.20, and net revenue to range from $2.60 billion to $2.80 billion.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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