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December 4, 2012
08:32 EDTTPCTutor Perini awarded $235M contract by New York MTA
Tutor Perini announced that its Civil Group has been awarded a $235M contract by the New York Metropolitan Transportation Authority, or MTA, Bridges and Tunnels for the Upper Level Deck Replacement project at the Verrazano-Narrows Bridge in New York. The Verrazano-Narrows Bridge is a double-decked suspension bridge that connects the boroughs of Staten Island and Brooklyn in New York City. It was the longest suspension bridge in the world at the time of its completion in 1964. Today, it has the ninth longest main span in the world, and is still the longest bridge span in the Americas.
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November 15, 2015
14:13 EDTTPCTutor Perini re-evaluating prior FY15 EPS guidance of $1.90-$2.10
Tutor Perini remarked in its Q3 earnings report that it is "re-evaluating its prior 2015 diluted EPS guidance in light of the litigation-related charge, the year-to-date results and the outlook for the remainder of the year." Prior FY15 EPS guidance was $1.90-$2.10, consensus $1.79. Backs FY15 revenue $5B-$5.5B, consensus $5.19B. Note that the "litigation-related charge" resulted in a 28c per share negative impact to Q3 EPS.
14:08 EDTTPCTutor Perini reports Q3 adjusted EPS 68c, consensus 78c
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