Tutor Perini (TPC) Tops Q4 EPS by 19c, Revenues Miss; Offers FY19 EPS Mid-Point Guidance Below Consensus
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Tutor Perini Reports Fourth Quarter and Full Year 2018 Results
February 27, 2019 4:15 PM ESTDiluted earnings per share (EPS) of $0.98 for Q4 2018 and $1.66 for FY18 Strong Q4 operating margins across all segments Record backlog of $9.3 billion, up 28% Y/Y, with double-digit Y/Y backlog growth across all segments More than $2.5 billion of pending awards anticipated in Q1 2019 Cash flow from operations of $56.2 million for Q4 2018 and $21.4 million for FY18 FY19 EPS Guidance: $2.00 to $2.30
LOS ANGELES--(BUSINESS WIRE)-- Tutor Perini Corporation... More
