Tetra Tech

Tetra Tech will present the results for the most recent quarter on Nov. 11, 2026. Six analysts estimate average EPS of $0.468 (prior year $0.480) and expect revenue to fall about 13.5% to $1.15 billion (prior year $1.33 billion). For the current fiscal year, seven analysts on average forecast earnings of $1.58 per share and annual revenue of about $4.35 billion (prior year $5.44 billion). » More on finanzen.net

Tetra Tech’s board approved an increase of $500 million to its share repurchase program, bringing the total authorization to $898 million. In the twelve months ended Q3 2026 the company generated $567 million in operating cash flow and returned $322 million via buybacks and dividends. Net leverage was 0.88x at quarter-end; the company completed strategic acquisitions and continued to reduce debt. CEO Roger Argus described the increase as a sign of confidence in the long‑term growth outlook and the company’s balanced capital‑allocation approach. » More on de.investing.com

Sands Capital’s Q2 2026 letter describes Tetra Tech as the US market leader in water-related engineering and a primary beneficiary of increased US infrastructure and manufacturing investment. The fund bought Tetra Tech in December 2024 on a valuation opportunity amid political uncertainty but flags mixed operational execution and concerning backlog dynamics. While acknowledging the company’s strategic exposure to water and domestic projects, Sands Capital prefers higher-conviction holdings with more differentiated earnings and valuation potential. » More on finance.yahoo.com