In the latest market close, Tutor Perini (TPC) reached $21.89, with a -0.18% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.16% for the day. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw an increase of 0.49%. Coming into today, shares of the construction company had gained 2% in the past month. In that same time, the Construction sector lost 4.68%, while the S&P 500 gained 3.22%. The investment community will ...

For the next fiscal year, the consensus earnings estimate of $1.65 indicates a change of +50% from what Tutor Perini is expected to report a year ago. Over the past month, the estimate has remained unchanged. Shares of this construction company have returned +2% over the past month versus the Zacks S&P 500 composite's +3.2% change. The Zacks Building Products - Heavy Construction industry, to which Tutor Perini belongs, has lost 3.9% over this period. Now the key question is: Where could the stock be headed ...

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Tutor Perini Corporation's (TPC) subsidiary — Lunda Construction Company — has won a $53.6 million Kellogg/3rd Street Bridge Replacement Project contract from the City of St. Paul, MN. Lunda Construction will construct a new bridge with 13 spans, totaling more than 2,100 feet in length. The bridge will have four lanes of traffic (two in each direction) and a barrier-separated 12-feet-wide trail on both sides of the roadway. Work on the project is expected to begin in the third quarter and is anticipated to ...

Investors will be eagerly watching for the performance of Tutor Perini in its upcoming earnings disclosure. The company is expected to report EPS of $0.16, up 122.22% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $1.18 billion, indicating a 15.35% growth compared to the corresponding quarter of the prior year. In the latest market close, Tutor Perini (TPC) reached $22.06, with a +1.52% movement compared to the previous day. This move outpaced the S& ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock ali ...

Core Viewpoint - Tutor Perini's stock has shown a modest return of +0.8% over the past month, underperforming the S&P 500's +4% and the Zacks Building Products - Heavy Construction industry's +4% [1] Earnings Estimates Revisions - The consensus earnings estimate for the current quarter is $0.16 per share, reflecting a significant increase of +122.2% year-over-year, with no changes in the estimate over the last 30 days [3] - For the current fiscal year, the consensus earnings estimate stands at $1.10, indicating a +133.3% change from the previous year, also remaining unchanged in the last month [3] - The next fiscal year's consensus earnings estimate is $1.65, showing a +50% increase from the prior year, with no revisions in the past month [4] Revenue Performance - Tutor Perini reported revenues of $1.05 billion in the last quarter, marking a year-over-year increase of +35.1%, and exceeding the Zacks Consensus Estimate of $919.6 million by +14.07% [7] - The consensus sales estimate for the current quarter is $1.18 billion, indicating a year-over-year change of +15.4%, while estimates for the current and next fiscal years are $4.58 billion and $4.98 billion, reflecting changes of +18% and +8.8% respectively [14] Valuation Metrics - Tutor Perini is graded B in terms of valuation, suggesting it is trading at a discount compared to its peers [9] - The Zacks Rank for Tutor Perini is 1 (Strong Buy), indicating a strong potential for near-term price performance based on earnings estimate revisions [5][19] Market Trends - Tutor Perini has been one of the most searched stocks on Zacks.com, indicating increased interest and potential market movement [10] - The correlation between earnings estimate revisions and short-term stock price movements suggests that upward revisions could lead to price increases [2]

Shares of the construction company have appreciated by 5.47% over the course of the past month, outperforming the Construction sector's loss of 4% and the S&P 500's gain of 3.25%. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, Tutor Perini possesses a Zacks Rank o ...

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