Company Performance - Tutor Perini's stock closed at $24.61, reflecting a +1.32% increase from the previous day's closing price, outperforming the S&P 500's daily gain of 0.53% [1] - The stock has increased by 0.37% over the past month, which is better than the Construction sector's decline of 0.13% but lagging behind the S&P 500's gain of 1.24% [1] Upcoming Earnings - Tutor Perini is expected to report earnings of $0.30 per share, indicating a year-over-year growth of 132.97% [2] - The consensus estimate for revenue is projected at $1.09 billion, representing a 6.83% increase compared to the same quarter last year [2] Analyst Estimates - Recent changes to analyst estimates for Tutor Perini are being monitored, as positive revisions typically indicate analyst optimism regarding the company's business and profitability [3] - The Zacks Rank system, which reflects these estimate changes, suggests that stocks with positive revisions tend to perform better [4] Zacks Rank and Valuation - Tutor Perini currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the past month [5] - The company has a Forward P/E ratio of 12.15, which is below the industry average of 16.8, indicating a valuation discount [6] Industry Context - Tutor Perini operates within the Building Products - Heavy Construction industry, which ranks in the bottom 32% of all industries according to the Zacks Industry Rank [6] - The Zacks Industry Rank suggests that the top 50% of rated industries outperform the bottom half by a factor of 2 to 1 [7]
Tutor Perini (TPC) Surpasses Market Returns: Some Facts Worth Knowing