Tetra Tech Sees FY24 EPS ~$6.25 Vs $6.87 Estimate, Sees Revenue ~$4.31B Vs $4.59B Estimate
Portfolio Pulse from Benzinga Newsdesk
Tetra Tech forecasts FY24 EPS of approximately $6.25, below the estimated $6.87, and anticipates revenue of about $4.31 billion, under the expected $4.59 billion.
May 01, 2024 | 8:23 pm
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NEGATIVE IMPACT
Tetra Tech forecasts lower-than-expected FY24 EPS and revenue, indicating potential challenges ahead.
Tetra Tech's projection of lower earnings per share (EPS) and revenue for FY24 compared to analyst estimates suggests potential operational or market challenges that could negatively impact its stock price in the short term. This news directly relates to the company's financial health and future performance, making it highly relevant and important for investors. The confidence in this analysis is high due to the clear discrepancy between the company's forecasts and market expectations.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100