U.S. infrastructure push

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Can Civil Segment Growth Power Tutor Perini's Next Phase?
ZACKSยท 2025-10-10 14:26
Key Takeaways TPC's Civil segment revenues jumped 34% to $734M, with operating income nearly doubling to $140M.Margins reached 19.1%, with management guiding for a 12-15% range, above historical levels.A $21.1B backlog led by transit and infrastructure projects supports sustained Civil growth.Tutor Perini Corporation (TPC) delivered one of its strongest quarters in recent history, with the Civil segment taking center stage. In second-quarter 2025, Civil revenues surged 34% year over year to $734 million, wh ...