Tetra Tech Raises Fiscal 2024 EPS Guidance To $6.23-$6.28, Up 23% YoY; Increases Net Revenue Guidance To $4.27B-$4.32B, Up 15% YoY; Q4 EPS Expected To Be $1.82-$1.87, Net Revenue $1.09B-$1.14B
Portfolio Pulse from Benzinga Newsdesk
Tetra Tech has raised its fiscal 2024 EPS guidance to $6.23-$6.28, a 23% increase year-over-year, and increased its net revenue guidance to $4.27B-$4.32B, up 15% year-over-year. For Q4, the company expects EPS to be $1.82-$1.87 and net revenue to be $1.09B-$1.14B.
July 31, 2024 | 8:37 pm
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Tetra Tech has raised its fiscal 2024 EPS guidance to $6.23-$6.28, a 23% increase year-over-year, and increased its net revenue guidance to $4.27B-$4.32B, up 15% year-over-year. For Q4, the company expects EPS to be $1.82-$1.87 and net revenue to be $1.09B-$1.14B.
The significant increase in both EPS and net revenue guidance indicates strong financial performance and positive future prospects for Tetra Tech. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100