Tetra Tech Q4 2023 Adj. EPS $1.78 Beats $1.44 Estimate, Revenue $1.26B Beats $990.800M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tetra Tech reported Q4 2023 adjusted earnings per share (EPS) of $1.78, surpassing the estimated $1.44. Revenue for the quarter was $1.26 billion, also exceeding the forecast of $990.8 million.
November 15, 2023 | 9:06 pm
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POSITIVE IMPACT
Tetra Tech's Q4 2023 adjusted EPS of $1.78 exceeded the $1.44 estimate, and revenue of $1.26B surpassed the $990.8M estimate.
Tetra Tech's significant beat on both earnings and revenue estimates for Q4 2023 is likely to instill investor confidence and could lead to a short-term increase in stock price. Strong financial performance often results in positive market reactions.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100