Oct 28, 2025 7:43 PM Eastern Daylight Time Tutor Perini Announces Conference Call to Discuss Third Quarter 2025 Results Share LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the "Company†), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, November 5, 2025, to discuss the Company's third quarter 2025 results. Participants on the call from Tutor Perini will be Gary Smalley, CEO and Pres ...

Core Insights - Tutor Perini Corporation's Florida subsidiary, Nagelbush Mechanical, has secured new mechanical services projects in South Florida valued at $154.6 million [1] Group 1 - The awarded projects include the installation of new mechanical and/or plumbing systems at the Bentley Residences, a luxury condominium with 62 stories and 213 units [1]

Company Performance - Tutor Perini's stock increased by 1.73% to $68.84, outperforming the S&P 500 which gained 0.79% [1] - Over the past month, Tutor Perini's shares have risen by 5.19%, while the Construction sector declined by 0.94% [1] Earnings Forecast - The upcoming earnings release is expected to show an EPS of $0.96, representing a 150% growth year-over-year [2] - Revenue is projected at $1.34 billion, reflecting a 24.08% increase compared to the same quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at $3.78 per share, indicating a 220.77% increase from the previous year [3] - Revenue for the fiscal year is projected to be $5.24 billion, showing a 21.18% rise from the prior year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Tutor Perini are important as they indicate changing business trends [4] - Positive changes in estimates suggest analyst optimism regarding the company's business and profitability [4] Zacks Rank and Valuation - Tutor Perini currently holds a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 17.9, which is lower than the industry's Forward P/E of 26.8 [6] - The Zacks Rank system has a history of outperformance, with 1 stocks returning an average of +25% annually since 1988 [6] Industry Context - The Building Products - Heavy Construction industry is ranked 98 in the Zacks Industry Rank, placing it in the top 40% of over 250 industries [7] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [7]

Key Takeaways Tutor Perini's backlog hit $21.1B, up 102% year over year, driven by major civil and building project wins.KBR's backlog and options stood at $21.57B, up 7.3% year over year, supported by strong contract activities.TPC trades at a premium, while KBR's discounted valuation offers steady, diversified exposure.The demand for government and commercial infrastructure contracts is reaching its peak amid a favorable public spending backdrop, benefiting firms such as Tutor Perini Corporation (TPC) and ...

Based on a detailed revenue dissection and consideration of uncertainties surrounding federal and state infrastructure funding. I would like to recommend a Hold rating for Tutor Perini Corporation (NYSE: TPC ) until the next quarterly report provides clearer visibilityI’m an equity researcher and self-trader, focusing on valuation-driven stock selection through FCFE modelling, rigorous financial statement analysis, and sensitivity testing. After two years as a Credit Review Analyst at Public Bank, I resigne ...

Core Insights - Tutor Perini Corporation (TPC) is focusing on mega projects as a primary growth driver, with significant contracts like the $1.87 billion Midtown Bus Terminal Replacement contributing to a record backlog of $21.1 billion [1][11] - The strategy of pursuing larger projects offers higher margins, greater visibility, and limited competition, with civil segment margins currently in the 12-15% range [2][11] - Execution risk remains a concern due to the complexity of large infrastructure projects, although the company has made strides in reducing costs and improving project setup [3][4] Company Strategy - Tutor Perini is leveraging multi-billion-dollar civil and building contracts to sustain growth momentum, with recent awards boosting its backlog significantly [1][11] - The company benefits from a competitive edge as fewer bidders are pursuing these large-scale projects, enhancing its market position [2] Financial Performance - TPC's stock has increased by 127.3% over the past year, outperforming industry benchmarks [9] - Earnings estimates for 2025 and 2026 indicate substantial year-over-year growth of 220.8% and 22.5%, respectively, with a current forward P/E ratio of 14.22, suggesting a favorable valuation compared to peers [13][14] Competitive Landscape - Competitors like Fluor Corporation and AECOM also target mega projects but face different challenges; Fluor has experienced execution issues, while AECOM benefits from a diversified portfolio and integrated project delivery capabilities [5][6][7] - Both competitors acknowledge that execution discipline is critical in the mega-project arena, highlighting the industry's inherent challenges [8]

Core Insights - Tutor Perini Corporation (TPC) is trading at a discount compared to its industry peers and the broader construction sector, with a forward 12-month P/E ratio of 14, below the industry average of 22.95 and the sector's valuation of 19.71 [1][8] - The company is benefiting from favorable demand for infrastructure projects, supported by robust federal and state funding initiatives in the U.S., and is optimistic about future growth due to higher-margin project opportunities [3][8] Financial Performance - TPC's stock has gained 27.5% in the past three months, outperforming the industry, broader sector, and the S&P 500 index [4] - The company has a record backlog of $21.1 billion, which grew year over year by 102%, indicating strong infrastructure demand [10][8] - TPC raised its 2025 GAAP EPS outlook to a range of $1.70-$2.00 and adjusted EPS to $3.65-$3.95, reflecting increased project execution activities and favorable market trends [14] Market Dynamics - Increased public spending in the U.S. is driving project wins for Tutor Perini, particularly in its Civil and Building segments, with significant new awards including a $1.87 billion project in New York and a $538 million healthcare project in California [9][10] - The Federal Reserve's interest rate cuts are expected to boost investment activities, enhancing demand for public infrastructure projects [11][12] Competitive Landscape - Tutor Perini faces competition from major players like Jacobs Solutions, Fluor Corporation, and Granite Construction in the U.S. civil and building infrastructure market [21][22] - The company's infrastructure-centric approach allows it to secure significant U.S. projects, leveraging its size and broader portfolio to take on larger, more technically demanding projects [23] Long-term Outlook - Analysts are bullish on TPC's long-term prospects due to increased public infrastructure demand and the company's ability to capture new project opportunities, driving backlog growth [18] - Despite operational and financial headwinds, including funding uncertainties and cost inflation, the long-term fundamentals for Tutor Perini remain constructive [25][24]

Key Takeaways TPC's Civil segment revenues jumped 34% to $734M, with operating income nearly doubling to $140M.Margins reached 19.1%, with management guiding for a 12-15% range, above historical levels.A $21.1B backlog led by transit and infrastructure projects supports sustained Civil growth.Tutor Perini Corporation (TPC) delivered one of its strongest quarters in recent history, with the Civil segment taking center stage. In second-quarter 2025, Civil revenues surged 34% year over year to $734 million, wh ...

Group 1: Company Performance - Construction Partners (ROAD) has gained approximately 43.2% year-to-date, significantly outperforming the average return of 8.1% for the Construction sector [4] - The Zacks Consensus Estimate for ROAD's full-year earnings has increased by 10.7% over the past three months, indicating improved analyst sentiment and a stronger earnings outlook [4] - Construction Partners currently holds a Zacks Rank of 2 (Buy), suggesting a favorable position for potential investors [3] Group 2: Industry Context - Construction Partners is part of the Building Products - Miscellaneous industry, which consists of 33 individual stocks and currently ranks 153 in the Zacks Industry Rank [6] - The average return for the Building Products - Miscellaneous industry is 2.5% year-to-date, highlighting that ROAD is performing better than its industry peers [6] - Another notable stock in the Construction sector is Tutor Perini (TPC), which has seen a year-to-date increase of 156.4% and holds a Zacks Rank of 1 (Strong Buy) [5][7]

Core Insights - Tutor Perini Corporation's subsidiary, Five Star Electric, has secured an electrical subcontract for the Passaic Valley Sewerage Commission's Standby Power Generator Facility project [1] Company Summary - Tutor Perini Corporation is recognized as a leading civil, building, and specialty construction company [1] - The awarded project is part of a resiliency initiative aimed at constructing an on-site emergency backup power system at the wastewater treatment plant [1] Industry Context - The project reflects a growing trend in the construction industry towards enhancing infrastructure resilience, particularly in wastewater management systems [1]