Tutor Perini Corporation (NYSE:TPC) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Jorge Casado - Vice President-Investor Relations Ronald Tutor - Chairman & Chief Executive Officer Ryan Soroka - Senior Vice President & Chief Financial Officer Gary Smalley - President Conference Call Participants Steven Fisher - UBS Min Cho - B. Riley Adam Thalhimer - Thompson Davis Operator Good day ladies and gentlemen, and welcome to the Tutor Perini Corporation Second Quarter 2024 Earnin ...

Tutor Perini (TPC) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to loss of $0.72 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 18.75%. A quarter ago, it was expected that this construction company would post a loss of $0.18 per share when it actually produced earnings of $0.30, delivering a surprise of 266.67%. Over the last four quarters, the com ...

Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $1.00 par value TPC The New York Stock Exchange Large accelerated filer ☐ Accelerated filer ☒ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For ...

News Release Tutor Perini Reports Second Quarter 2024 Results • Strong operating cash flow of $53.1 million in Q2 2024 and $151.4 million in the first six months of 2024 • Revenue of $1.1 billion in Q2 2024, up 10% compared to Q2 2023 • Backlog of $10.4 billion at the end of Q2 2024, up modestly compared to the end of Q1 2024; anticipating continued strong backlog growth in 2024 and 2025 • Affirming 2024 EPS guidance in range of $0.85 to $1.10 LOS ANGELES – (BUSINESS WIRE) – August 1, 2024 – Tutor Perini Co ...

Tutor Perini Corporation (TPC) is scheduled to report its second quarter of 2024 results on Aug 1, after market close. Estimates The consensus mark for revenues is pegged at $1.18 billion, indicating 15.4% growth from the year-ago quarter's level. The top line of Tutor Perini is expected to have improved year over year on the back of increased project execution activities, primarily under its Building and Civil segments. The uptrend is likely to have been backed by the ongoing favorable demand environment f ...

Tutor Perini (TPC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Our analysis is essentially based o ...

The construction company's shares have seen an increase of 16.16% over the last month, surpassing the Construction sector's gain of 2.65% and the S&P 500's gain of 3.82%. For the full year, the Zacks Consensus Estimates are projecting earnings of $1.10 per share and revenue of $4.58 billion, which would represent changes of +133.33% and +18.04%, respectively, from the prior year. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we ...

Tutor Perini Corporation's (TPC) subsidiary, Perini Management Services, Inc., has won the Alcatraz Island Historic Structures Stabilization and Rehabilitation Project from the National Park Service. The project is located in the San Francisco Bay and expected to offer a safe facility for about 1.4 million annual visitors and staff. The successful execution of the project will help expand the building's ability to resist seismic forces and resolve aging and weather-related impacts on the exterior walls. Con ...

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 ...