WASHINGTON (dpa-AFX) - Tetra Tech Inc (TTEK) reported earnings for its third quarter that increased from last year.
The company said its bottom line totaled $44.17 million, or $0.50 per share. This was up from $40.91 million, or $0.43 per share, in last year's third 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 rose 19.3% to $666.50 million. This was up from $558.64 million last year.
Tetra Tech Inc earnings at a glance:
-Earnings (Q3): $44.17 Mln. vs. $40.91 Mln. last year. -Earnings Growth (Y-o-Y): 8.0% -EPS (Q3): $0.50 vs. $0.43 last year. -EPS Growth (Y-o-Y): 16.3% -Analysts Estimate: $0.50 -Revenue (Q3): $666.50 Mln vs. $558.64 Mln last year. -Revenue Change (Y-o-Y): 19.3%
-Guidance: Next quarter EPS guidance: $0.55 to $0.60 Next quarter revenue guidance: $500 - $550 Mln Full year EPS guidance: 1.85 to $1.90 Full year revenue guidance: $1.9 - $2.0 Bln
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