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TTEKBullishEarningsnews
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Tetra Tech (TTEK) Beats on Q2 Earnings, Raises 2024 Guidance

May 2, 2024, 2:03 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- TTEK reported Q2 adjusted earnings of $1.42 per share, up 21.4% YoY. - Revenue grew 8.1% YoY to $1.3 billion, surpassing management's guidance. - Backlog at end of quarter was $4.7 billion, up 24% YoY. - Price Impact Rating: bullish - Impact Horizon Rating: short-term - Type: Earnings

  • TTEK reported Q2 adjusted earnings of $1.42 per share, up 21.4% YoY.
  • Revenue grew 8.1% YoY to $1.3 billion, surpassing management's guidance.
  • Backlog at end of quarter was $4.7 billion, up 24% YoY.

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