Tetra Tech reports Q1 adjusted EPS 35c, consensus 33c

Reports Q1 revenue $1.42B, consensus $1.1B. CEO Dan Batrack commented, “Tetra Tech (TTEK) began fiscal 2025 with a strong Q1, which included all-time record high quarterly revenue and backlog, and record high Q1 adjusted operating income and EPS. We continued to see significant demand for our differentiated services in water, environment, and sustainable infrastructure across our global operations. In the first quarter, we added over $1B of new contract capacity, which included contracts for essential water supply, flood control structures and inland navigation. With our record backlog and momentum, we are well positioned to respond to our U.S. and international clients’ priorities.”