New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 7, 2014
07:32 EDTTPCTutor Perini reports Q1 EPS 33c, consensus 21c
Reports Q1 revenue $955.2M, consensus $1.05B. Reports Q1 backlog of $7.7B, up 38% compared to $5.5B last year. The company said, "Revenue decreased 3.8% in Q1 due primarily to decreased activity on hospitality and gaming projects in California, Arizona, Nevada, and Louisiana, which was partially offset by the ramp-up of civil and building projects at Hudson Yards in New York and a rail transportation project in California. Inclement weather in Q1 also contributed to the decreased revenue, as it impacted several projects in the northeastern U.S. The increase in net income in Q1 was due primarily to an overall increase in volume in our Civil segment, which was partially offset by Hurricane Sandy-related projects performed in 1Q13."
News For TPC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
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
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use