Here's Why Tutor Perini (TPC) Fell More Than Broader Market

Group 1 - Tutor Perini's stock closed at $42.08, down 1.5% from the previous session, underperforming the S&P 500, which fell by 1.13% [1] - Over the last month, Tutor Perini's shares increased by 17.52%, significantly outperforming the Construction sector's gain of 0.19% and the S&P 500's gain of 3.55% [1] Group 2 - Tutor Perini is expected to report earnings of $0.29 per share, indicating a year-over-year growth of 52.63%, with projected revenue of $1.23 billion, reflecting a 9.22% increase from the same quarter last year [2] - For the annual period, earnings are anticipated to be $1.75 per share and revenue at $5.13 billion, representing increases of 155.91% and 18.65% respectively from the previous year [3] Group 3 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), indicates that Tutor Perini currently holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance [5] - The Forward P/E ratio for Tutor Perini is 24.48, which is higher than the industry average Forward P/E of 20.14, indicating a premium valuation [6] Group 4 - The Building Products - Heavy Construction industry, which includes Tutor Perini, has a Zacks Industry Rank of 3, placing it in the top 2% of over 250 industries [6] - The Zacks Industry Rank shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the potential for strong performance in this sector [7]