Tetra Tech

could not resist.

Hello dear community

how do you see the current entry or first purchase for $TTEK (+1,54 %) ?

Yesterday's figures are actually not that bad 🤔

Tetra Tech reports record results for fiscal year 2024 and the fourth quarter

Highlights of the fourth quarter

• Net sales increased to $1.37 billion
• Net sales increased to 1.14 billion US dollars
• Operating income increased 33% year-over-year to $143 million
• Earnings per share increased by 75 % year-on-year to USD 0.35; adjusted earnings per share increased by 15 % year-on-year to USD 0.38

Financial year 2024

• Record annual sales of USD 5.20 billion, an increase of 15% compared to the previous year
• Record annual net sales of USD 4.32 billion, up 15% on the previous year
• Record annual operating result of USD 501 million, an increase of 40% compared to the previous year
• Record earnings per share (EPS) year-on-year, up 21% on the previous year
• Record order backlog of USD 5.38 billion, an increase of 12% compared to the previous year

Dividend and share buyback program

On November 11, 2024, Tetra Tech's Board of Directors approved the company's 42nd consecutive quarterly dividend of $0.058 per share, an increase of 12% year-over-year, payable on December 13, 2024 to shareholders of record as of November 27, 2024. Tetra Tech has $348 million remaining under its $400 million share repurchase program.

Source:

https://investor.tetratech.com/press-releases/news-details/2024/Tetra-Tech-Reports-Record-Fiscal-2024-and-Fourth-Quarter-Results/

First tranche taken here. Think it will fall a little under Trump.

I am building a small ETF, so to speak, in relation to wastewater/waste management with 9 other stocks. Couldn't find a suitable ETF at the time.

Tetra Tech secures global USAID contract worth 5 billion US dollars. $TTEK (+1,54 %)

PASADENA - Tetra Tech, Inc. (NASDAQ:TTEK), a leading consulting and engineering firm, has been awarded a major contract valued at $5 billion by the U.S. Agency for International Development (USAID). The contract is aimed at supporting democracy initiatives worldwide. Under the 10-year framework contract (IDIQ), Tetra Tech will support USAID's Office of Transition Initiatives in improving governance and resilience in developing countries.

The company's tasks include strengthening local participation, revitalizing critical infrastructure, and improving the resilience and accessibility of key public services, including drinking water. These efforts build on Tetra Tech's four decades of experience supporting USAID in strengthening local governance systems.

Dan Batrack, Chairman and CEO of Tetra Tech, emphasized the company's commitment: "We are pleased to continue supporting USAID in its mission to promote robust democracies around the world." The contract is part of a broader initiative to address governance challenges with evidence-based methods.

Tetra Tech, known for its "Leading with Science®" approach, specializes in solving complex problems in the areas of water, environment and sustainable infrastructure. With a workforce of 28,000 employees, the company provides science-based solutions for a wide range of global projects.

https://de.investing.com/news/company-news/tetra-tech-sichert-sich-globalen-usaidvertrag-im-wert-von-5-milliarden-usdollar-93CH-2753646

Tetra Tech: AI data centers and national chip factories should accelerate growth!

$TTEK (+1,54 %)

Hello everyone, I am invested in Tetra Tech myself. And the analysts at KeyBanc raised their target from USD 49 to USD 56 on 08.10.2024. They confirmed their "overweight" rating and emphasized that Tetra Tech is one of the highest quality companies. Consequently, the share is a top pick.

https://mobile.aktien-mag.de/nachrichten/chart-tweets/tetra-tech-ki-data-center-und-nationale-chipfabriken-sollten-das-wachstum-beschleunigen/id-128471

Tetra Tech is awarded an Army Corps contract worth 249 million US dollars to support environmentally friendly projects in the USA.

$TTEK (+1,54 %)

Tetra Tech has been awarded a $249 million contract by the US Army Corps of Engineers for environmental impact assessment and design services.

TTEK shares have gained over 58% in the past year, with a five-for-one stock split that went into effect on September 9 boosting trading activity.

The company announced that the US Army Corps of Engineers (USACE), Omaha District, has awarded a $249 million multiple award contract to provide environmental assessment and design services for facilities and sites throughout the United States.

Under this 7-year contract, Tetra Tech's scientists, engineers and technical specialists will provide a range of comprehensive environmental services.

These include the development of water resource management plans, ecosystem assessment and protection, and the design of sustainable building elements to improve water and energy efficiency.

"Tetra Tech has been helping the USACE restore and protect the environmental resources of its facilities for more than 40 years," said Dan Batrack, chairman and CEO of Tetra Tech.

Hey community does anyone have an opinion on $BLD (+2,9 %) or $TTEK (+1,54 %) ?

vg

Do you have a favorite stick?😀✌

For me $TTEK (+1,54 %) is right at the top. Not only does the company do cool things, but the figures are also impressive! I Love The Stock❤🤘

Q3 earnings report

Tetra Tech reports record record results with an 11% increase in sales to USD 1.34 billion and a 42% increase in EPS to USD 1.59.

The order backlog grew by 19% to USD 5.23 billion and the annual forecast was raised. A five-for-one stock split was also announced.

Outstanding future projects:

• Energy resilience in Ukraine439 million USD
• Energy resilience and sustainable infrastructure in West Africa73 million USD
• Disaster risk reduction in Asia-PacificUSD 65 million
• Sustainable land and infrastructure systems, including water management in developing countriesUSD 64 million
• Water treatment and PFAS removal in VirginiaUSD 56 million
• Climate change adaptation in Southeast Asia54 million USD
• Fire restoration in Hawaii35 million USD
• Investigation and assessment of contaminated sediments in the Anacostia River, Potomac River Basin32 million USD
• Development of water-leachate treatment solutions at California landfillsUSD 27 million

Tetra Tech reports record results in the third quarter, raises forecast and announces a five-for-one stock split.

$TTEK (+1,54 %)

Sales increased 11% year-on-year to 1.34 billion US dollars

Net sales1 increased by 12% year-on-year to 1.11 billion US dollars

Operating profit increased by 32% year-on-year to USD 129 million

Earnings per share increased by 42% year-on-year to USD 1.59

Order backlog increased by 19% year-on-year to USD 5.23 billion

Industry leading DSO of 54 days

Cash flow from operating activities of USD 141 million

Net debt / EBITDA reduced by 34% Y/Y to 1.15x

Recent key achievements

USD 439 million to build energy resilience through innovative solutions for diversified generation, supply and storage of energy in Ukraine

USD 73 million to increase energy resilience and support sustainable infrastructure across West Africa

USD 65 million for disaster risk reduction related to the impacts of climate change and rising sea levels in vulnerable areas in the Asia-Pacific region

USD 64 million to support sustainable land and infrastructure systems, including water resource management and irrigation in developing countries

USD 56 million to develop an advanced water treatment and PFAS removal solution for a new facility in Virginia

USD 54 million for sustainable climate change adaptation infrastructure programs in Southeast Asia

US$35 million for the assessment and restoration of water and environmental impacts associated with fire recovery in Hawaii

US$32 million for the investigation and assessment of contaminated sediments in the Anacostia River in the Potomac River Basin

USD 27 million for the assessment and development of leachate treatment solutions at municipal landfills in California

Management commentary

Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-quality water, environmental and sustainable infrastructure consulting and engineering services, today announced results for the third quarter ended June 30, 2024.

https://youtu.be/sdL-H3rBm_Y?si=Ig0nngS4MxUkIu8L