The consensus of the scientific community about climate change is clear: 97% of scientific studies contend that human-caused global warming is real. But the new president doesn't agree.

The Trump administration forbids agencies such as NASA and the EPA from even discussing climate change, constituting a "gag" order that critics contend is anti-science and dangerous for the planet. But empirical data point to a warming planet, and extreme weather incidents are growing in frequency worldwide, in tandem with melting ice caps and rising sea levels. 

One company is poised to profit from the trend of destructive weather: Tetra Tech (TTEK - Get Report) , which is scheduled to release operating results Wednesday. Tetra Tech shares fell slightly in Monday trading. 

With a market cap of $2.46 billion, Tetra Tech provides consulting, engineering and technical services for the water, environment, energy, infrastructure, and natural resources sectors.

Tetra Tech's clients include federal, state, and local government agencies in the U.S., as well as commercial and international clients. The company also has a growing presence in the energy sector for pollution prevention and remediation.

Founded in 1966 during the first flowering of the environmental movement, Tetra Tech prepares facilities, infrastructure and supply chains for the worst. And when the worst occurs, the company steps into the breach. As environmental crises proliferate worldwide, Tetra Tech will prove a growth stock winner. What's more, with most economists now calling for a recession in 2017, Tetra Tech enjoys tailwinds that help make it recession resistant.

Due to a growing backlog of contracts, the company is expected to report robust earnings growth for the just-completed quarter. The average analyst estimate is that Tetratek's earnings per share (EPS) will come in at 47 cents, compared to 42 cents in the same quarter a year ago. Next quarter, EPS is pegged at 47 cents, compared to 37 cents in the year-ago quarter. For the full fiscal year, EPS is estimated at $2.15, compared to $1.88 last year. Next year, EPS is expected to come in at $2.47.

As Trump and the GOP-led Congress get ready to slash appropriations for federal environmental agencies, Tetra Tech should enjoy enhanced demand for its services. Analysts project a five-year earnings growth rate for the company of 12% on an annualized basis.

Tetra Tech's trailing 12-month price-to-earnings ratio is 30.21, compared to 31.2 for its industry. Competitors include Fluor and AECOM, diversified construction giants that aren't pure plays on environmental remediation. Pick up shares of Tetra Tech before the earnings report spurs a stock price increase.


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John Persinos is an analyst with Investing Daily. At the time of publication, he owned none of the stocks mentioned.