Tutor Perini (TPC) Tops Q3 Earnings and Revenue Estimates

Core Insights - Tutor Perini reported quarterly earnings of $1.15 per share, exceeding the Zacks Consensus Estimate of $0.96 per share, and a significant improvement from a loss of $1.92 per share a year ago, resulting in an earnings surprise of +19.79% [1] - The company achieved revenues of $1.42 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 5.34% and showing growth from $1.08 billion in the same quarter last year [2] - Tutor Perini's stock has increased approximately 171.6% year-to-date, significantly outperforming the S&P 500's gain of 15.1% [3] Earnings Outlook - The future performance of Tutor Perini's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4] - The current consensus EPS estimate for the upcoming quarter is $0.89 on revenues of $1.28 billion, and for the current fiscal year, it is $3.78 on revenues of $5.24 billion [7] Industry Context - The Building Products - Heavy Construction industry, to which Tutor Perini belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Dycom Industries, another company in the same industry, is expected to report quarterly earnings of $3.15 per share, reflecting a year-over-year increase of +17.5%, with revenues projected at $1.4 billion, up 10.1% from the previous year [9]