Group 1 - Tutor Perini's stock closed at $48.29, down 1.79% from the previous session, underperforming the S&P 500's gain of 0.07% [1] - Prior to the recent trading day, Tutor Perini's shares had increased by 11.55%, surpassing the Construction sector's gain of 8.29% and the S&P 500's gain of 5.71% [1] Group 2 - The upcoming earnings report for Tutor Perini is expected to show an EPS of $0.29, representing a 52.63% increase from the same quarter last year, with projected revenue of $1.23 billion, reflecting a 9.22% rise [2] - For the annual period, earnings are anticipated to be $1.74 per share and revenue at $5.13 billion, indicating increases of 155.59% and 18.65% respectively from the previous year [3] Group 3 - Recent changes in analyst estimates for Tutor Perini are important as they reflect short-term business trends, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Rank system, which evaluates estimate changes, currently ranks Tutor Perini at 4 (Sell), with a 0.29% decrease in the consensus EPS estimate over the last 30 days [5] Group 4 - Tutor Perini is trading at a Forward P/E ratio of 28.26, which is higher than the industry average Forward P/E of 24.32 [6] - The Building Products - Heavy Construction industry, part of the Construction sector, holds a Zacks Industry Rank of 6, placing it in the top 3% of over 250 industries [6]
Tutor Perini (TPC) Stock Sinks As Market Gains: Here's Why