A Preview Of Tetra Tech's Earnings
Portfolio Pulse from Benzinga Insights
Tetra Tech (NASDAQ:TTEK) is scheduled to release its quarterly earnings report on Wednesday, 2023-11-15. Analysts predict an EPS of $1.43. Investors are looking for an earnings beat and positive guidance for future growth. Historical data shows mixed stock price reactions to past earnings reports, with the last quarter's beat of $0.11 EPS resulting in a 0.91% share price drop the following day.
November 14, 2023 | 2:01 pm
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Tetra Tech is expected to report an EPS of $1.43 for the upcoming earnings. Investors will focus on the earnings beat and forward guidance, which historically have influenced the stock's price movement.
While Tetra Tech's earnings beat expectations last quarter, the stock price still dropped slightly. This indicates that the market may have already priced in the positive results or had higher expectations. The upcoming earnings report could have a neutral impact as investors may have mixed reactions based on past performance and the importance of guidance over actual earnings.
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