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Why Tetra Tech Stock Popped Today

TheMotleyFool

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Shares of engineering company Tetra Tech (NASDAQ: TTEK) jumped 11% through 9:45 a.m. ET Thursday after the company beat on both the top and bottom lines last night.

Heading into the company's fiscal fourth-quarter earnings report, analysts forecast Tetra Tech would earn $0.40 per share on sales of less than $1.1 billion in the period ended Sept. 28. In fact, Tetra Tech earned $0.44 per share on a non-GAAP (adjusted) basis, and sales surpassed $1.2 billion.

Image source: Getty Images.

Source Fool.com

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