Tetra Tech beats by $0.15, beats on revs; guides Q2 EPS above consensus, revs in-line; guides FY21 revs in-line
- Reports Q1 (Dec) earnings of $0.96 per share, $0.15 better than the S&P Capital IQ Consensus of $0.81; revenues fell 1.4% year/year to $605.17 mln vs the $587.67 mln S&P Capital IQ Consensus.
- Co issues guidance for Q2, sees EPS of $0.73 to $0.78 vs. $0.72 S&P Capital IQ Consensus; sees Q2 revs of $565 mln to $595 mln vs. $582.35 mln S&P Capital IQ Consensus.
- Co issues in-line guidance for FY21, sees FY21 revs of $2.40 bln to $2.55 bln vs. $2.43 bln S&P Capital IQ Consensus.
- Co had $193 mln remaining under its current buyback authorization, as of December 27.