WASHINGTON (dpa-AFX) - Tetra Tech Inc (TTEK) announced earnings for its fourth quarter that increased from last year.
The company said its bottom line advanced to $45.73 million, or $0.50 per share. This was higher than $36.78 million, or $0.36 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.50 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 8.2% to $422.15 million. This was down from $459.76 million last year.
Tetra Tech Inc earnings at a glance:
-Earnings (Q4): $45.73 Mln. vs. $36.78 Mln. last year. -Earnings Growth (Y-o-Y): 24.3% -EPS (Q4): $0.50 vs. $0.36 last year. -EPS Growth (Y-o-Y): 38.9% -Analysts Estimate: $0.50 -Revenue (Q4): $422.15 Mln vs. $459.76 Mln last year. -Revenue Change (Y-o-Y): -8.2%
-Guidance: Next quarter EPS guidance: $0.35 - $0.40 Full year EPS guidance: $1.70 - $1.90 Full year revenue guidance: $1.65 - $1.85 Bln
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