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Tetra Tech Q3 2026 Earnings: Beat on EPS, Revenue Up 0%

as of Nov 12, 6:08 AM ET

Against expectations

Beat

EPS came in at $0.49 against $0.47 expected, +4.3%.

Expected: $0.47 a shareExpected$0.47Actual: $0.49 a shareActual$0.49

Estimate and actual: Nasdaq earnings calendar

Revenue
$1.34 billion+0.5% vs $1.33 billion
GAAP EPS, as reported
$0.51$0.48 a year ago
Show the lines from the release
  • Revenue | $1,337,362 | $1,330,100 | $5,076,737 | $5,442,590
  • Diluted | $0.51 | $0.48 | $1.69 | $0.93

How the stock reacted

Rose 4.8% report day, from $37.61 (Nov 11 close) to $39.43 (Nov 12 close).

Usual earnings move: 3.5% either way (median of the last 8 reports)−3.5%+3.5%2026-07-29: −3.9%2026-04-29: +1.4%2026-01-28: +3.0%2025-11-12: +15.3%2025-07-30: −1.1%2025-05-07: +12.9%2025-01-29: −2.9%2024-11-13: −13.5%This report: +4.8%+4.8%

Its usual move on earnings is 3.5% either way, the middle of its last 8 reports (grey ticks).

Prices: Yahoo Finance

The outlook

Given
  • EPS · Fiscal 2027Given

    $1.65 to $1.80

    Before: not stated

WhatPeriodNowBeforeChange
EPSFiscal 2027$1.65 to $1.80not statedGiven

What management said

  • “These key client programs drove our backlog up by more than $530 million, an increase of 13% from last year.”

    Steve Burdick, in the release

    Backlog rose 13% from last year, which supports management's view of future revenue growth.

  • “In fiscal year 2026, we continued to increase our profit margins with 90 basis points of EBITDA margin expansion from fiscal year 2025.”

    Steve Burdick, CFO, in the release

    EBITDA margin expanded by 90 basis points in fiscal 2026, showing improved profitability.

  • “The strength of our balance sheet and consistent cash flow generation position us to continue to invest in organic growth and strategic acquisitions.”

    Steve Burdick, CFO, in the release

    Management plans to use its balance sheet and cash flow to fund organic growth and strategic acquisitions.

What to watch next

  • Whether Tetra Tech hits its fiscal 2027 EPS range of $1.65 to $1.80.
  • Whether backlog growth leads to continued revenue growth and further margin expansion.
  • The pace of investment in organic growth and strategic acquisitions.

Sources

After hours

That's a wrap.

17hrs07min25sec

Market opens Friday, Nov 13 at 9:30 AM ET