Tutor Perini(US:TPC)2022-05-16 02:12Company Overview - Tutor Perini is a leading construction services firm with over 125 years of experience [6] - The company has approximately 7,800 employees worldwide [6] - Civil segment infrastructure projects are key to the company's profitability [6] Financial Performance - The company's revenue is $4.4 billion [15] - Income from Construction Operations (ICO) is $167.2 million [15] - Operating margin is 3.8% [15] - Q1-22 Backlog is $8.3 billion [15] - Civil Segment Revenue is $2.0 billion with an operating margin of 10.7% and a backlog of $4.6 billion [16] - Building Segment Revenue is $1.4 billion with an operating margin of 2.0% and a backlog of $2.3 billion [16] - Specialty Contractors Segment Revenue is $1.0 billion with an operating margin of (1.5%) and a backlog of $1.4 billion [16] Market Position and Future Outlook - The company is well-positioned to benefit from the new $1.2T federal infrastructure bill [6, 18, 46] - The company has a $70B+ pipeline of prospective bids and awards over the next two years [42, 46] - The company's 2022 EPS guidance is $1.15 - $1.60 [44]