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BLACK RIVER FALLS, Wis.--(BUSINESS WIRE)-- #newaward--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Lunda Construction Company, has been awarded a contract by the Minnesota Department of Transportation valued at approximately $67.2 million for the I-94 and I-394 Interchange Project in Minn...
The market turbulence in 2025 has sent stocks zig-zagging up and down. Despite the unavoidable impact of political developments on share price performance, some companies have seen major gains based on a more traditional driver of motion: strong earnings reports.
Tutor Perini Corporation (NYSE:TPC ) Q1 2025 Earnings Call May 7, 2025 5:00 PM ET Company Participants Jorge Casado - Vice President, Investor Relations Gary Smalley - President and Chief Executive Officer Ron Tutor - Executive Chairman Ryan Soroka - Executive Vice President and Chief Financial Officer Conference Call Participants Steven Fisher - UBS Adam Thalhimer - Thompson Davis Liam Burke -...
LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (the "Company") (NYSE: TPC), a leading civil, building and specialty construction company, today reported strong results for the first quarter of 2025 (see attached tables). Revenue for the first quarter of 2025 was $1.25 billion, up 19% compared to $1.05 billion for the same period in 2024. The Company experienced solid year-over-year grow...
LOS ANGELES--(BUSINESS WIRE)-- #newaward--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Fisk Electric Company (“Fisk Electric”), has been awarded an electrical services contract for the new West Tower at Cook Children's Medical Center in Fort Worth, Texas. The contract value was not disclo...
LOS ANGELES--(BUSINESS WIRE)-- #newaward--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Fisk Electric Company (“Fisk Electric”), has been awarded the second phase (valued at approximately $99 million) of a guaranteed maximum price contract currently valued at approximately $166 million for...
LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, May 7, 2025, to discuss the Company's first quarter 2025 results. Participants on the call from Tutor Perini will be Gary Smalley, CEO and President; Ryan Soroka...
We've always liked the prospects of construction company Tutor Perini, but following a decent retracement in the price we are now revising our rating from a hold to a buy. TPC's backlog surged by a whopping 84% YoY, in Q4, providing strong visibility for the next few years. Improved cash generation (FCF yield of 36%) and debt reduction efforts (52% reduction YoY) have positioned TPC for potenti...
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