Tutor Perini Reports Second Quarter 2018 Results

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Tutor Perini (TPC) Tops Q2 EPS by 18c, Revenues Miss; Offers FY18 EPS Outlook

August 7, 2018 4:18 PM EDT

Tutor Perini (NYSE: TPC) reported Q2 EPS of $0.49, $0.18 better than the analyst estimate of $0.31. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.21 billion.

Earnings for the second quarter exceeded our expectations largely due to better-than-anticipated margins in our Civil and... More