Tutor Perini (TPC) Posts Mixed Q2 Results, Lowers FY11 Guidance
Tutor Perini (NYSE: TPC) reported Q2 EPS of $0.41, $0.02 worse than the analyst estimate of $0.43. Revenue for the quarter came in at $819.9 million versus the consensus estimate of $801.85 million.
Tutor Perini sees FY2011 EPS of $2.00-$2.20, versus prior guidance of $2.20-$2.40 and the consensus of $2.20. Tutor Perini sees FY2011 revenue of $3.6-$3.9 billion, versus prior guidance of $4.2-$4.7 billion and the consensus of $3.57 billion.
Tutor Perini sees FY2011 EPS of $2.00-$2.20, versus prior guidance of $2.20-$2.40 and the consensus of $2.20. Tutor Perini sees FY2011 revenue of $3.6-$3.9 billion, versus prior guidance of $4.2-$4.7 billion and the consensus of $3.57 billion.