Tutor Perini

Tutor Perini Corp. engages in the provision of construction services. It operates through the following business segments: Civil, Building, and Specialty Contractors. The Civil segment specializes in public works construction and the replacement and reconstruction of infrastructure across the major geographic regions of the United States. The Building segment offers services to a number of specialized building markets for private and public works customers, including hospitality and gaming, transportation, health care, commercial offices, government facilities, sports and entertainment, education, correctional facilities, biotech, pharmaceutical, industrial, and high-tech. The Specialty Contractors segment covers electrical, mechanical, plumbing, HVAC, fire protection systems and pneumatically placed concrete for a full range of civil and building construction projects in the industrial, commercial, hospitality and gaming, and mass-transit end markets. The company was founded by Bonfiglio Perini in 1918 and is headquartered in Sylmar, CA.

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

Earnings data Q2 2026

Tutor Perini reports strong Q2 growth, eyes future project opportunities

Tutor Perini demonstrated resilience with strong revenue and backlog growth in Q2 2023.
Challenges in the Specialty Contractors segment and uncertainties in guidance and tax rates persist.
Anticipated growth in 2024 and beyond, driven by bidding on major projects and resolving disputes.
Overall, Tutor Perini shows potential for improved financial performance and sustained growth.

Tutor Perini reports mixed Q3 results, eyes strong backlog growth

Tutor Perini reported mixed Q3 results with strong cash flow and backlog growth but faced earnings challenges from resolved disputes.
The company made progress in settling claims and disputes, aiming to clear outstanding issues by the end of 2024.
Despite challenges in the Specialty Contractors segment, Tutor Perini remains optimistic about exceeding cash flow records and resolving disputes by 2024.

Tutor Perini reports record cash flow and anticipates strong growth

Tutor Perini's 2023 performance reflects a mix of achievements and challenges, with a strong focus on debt reduction and revenue growth.
The company's strengths lie in its bidding success, favorable contract terms, and anticipated backlog expansion in the coming years.
Challenges include managing disputed claims, debt levels, and the impact of limited competition on market dynamics.
Opportunities abound in leveraging bidding wins, reducing debt, and capitalizing on a growing backlog to drive future profitability.

Tutor Perini surpasses Q1 expectations, eyes strong growth ahead

Tutor Perini's Q1 performance showcased strong revenue growth, margin improvement, and debt reduction. The company is poised for positive earnings in 2024, with even better prospects in 2025 and 2026. Resolving legacy disputes and focusing on backlog growth are key priorities for sustained success.

Tutor Perini reports strong Q2 earnings, eyes growth opportunities

Tutor Perini's Q2 2024 performance reflects solid financial results, with revenue growth, improved net income, and debt reduction.
The company's strengths lie in its operational efficiency, strategic focus on resolving disputes, and anticipation of future growth opportunities.
Challenges include the need to resolve legacy disputes, manage competition, and sustain improvements in key segments, while opportunities abound in revenue expansion and financial health.

Tutor Perini reports record cash generation and backlog growth

Tutor Perini delivered a robust performance in 2024, marked by record cash generation, debt reduction, and backlog growth. The company anticipates a return to profitability in 2025 and aims to resolve a significant portion of legacy disputes. Despite potential challenges such as execution risks and external uncertainties, Tutor Perini's strategic focus on talent attraction, technology utilization, and financial optimization positions it for sustainable growth and value creation. By capitalizing on opportunities for operational efficiency, revenue expansion, and enhanced shareholder value, Tutor Perini is poised to navigate challenges and leverage strengths for long-term success in the construction industry.

Tutor Perini reports stellar Q1 results, eyes Indo-Pacific expansion

Tutor Perini's Q1 performance reflects strong financial health and a promising outlook for future growth. The company's selective project strategy, focus on higher margins, and expansion in the Indo-Pacific region position it well for continued success.

Tutor Perini excels in Q2 2025, projects strong growth ahead

Tutor Perini's Q2 2025 performance reflects a robust financial position with strong revenue growth, profitability, and backlog. The company faces challenges in managing costs and compensation expenses but is well-positioned to capitalize on upcoming projects and sustain cash flow.

Tutor Perini reports record cash flow and backlog growth

Tutor Perini's Q3 2025 performance showcased robust financials, with record cash flow and backlog, and improved earnings per share. While challenges like margin improvements and cash accumulation persist, the company's raised guidance and bidding pipeline signal growth opportunities. Overall, Tutor Perini remains optimistic about future prospects and is strategically positioning itself for sustained success.

Tutor Perini reports record 2025 results, anticipates strong 2026 growth

Tutor Perini's strong 2025 performance, bolstered by record revenue and backlog growth, sets the stage for continued success in 2026 and beyond. Despite challenges such as legacy disputes and timing of bidding opportunities, the company's focus on financial strength and margin improvement bodes well for future growth. With a strengthened balance sheet, profitability in key segments, and strategic opportunities ahead, Tutor Perini is poised for a promising future.

Tutor Perini reports robust Q1 results, affirms guidance amid growth

Tutor Perini's Q1 2026 performance reflects strong operational and financial execution, supported by a robust backlog and new project awards. While facing challenges in certain segments, the company's focus on profitability enhancement and capital return initiatives bode well for future growth. Key opportunities in major project bids and strategic expansion present avenues for sustained revenue growth and market leadership. Overall, Tutor Perini's solid performance, affirmed guidance, and shareholder-friendly initiatives position it for continued success in the construction industry.