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 ...

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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 ...