Tutor Perini (TPC) Misses Q1 EPS by 8c, Revenues Beat; Affirms FY19 EPS Mid-Point Guidance Below Consensus

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Go back to Tutor Perini (TPC) Misses Q1 EPS by 8c, Revenues Beat; Affirms FY19 EPS Mid-Point Guidance Below Consensus

Tutor Perini Reports First Quarter 2019 Results

May 8, 2019 4:15 PM EDT

Record quarterly new awards of $3.2 billion Record backlog of $11.6 billion, up 37% Y/Y, with strong double-digit growth across all segments Reaffirming FY19 EPS Guidance: $2.00 to $2.30

LOS ANGELES--(BUSINESS WIRE)-- Tutor Perini Corporation (the Company) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the three months ended March 31, 2019. Revenue was $958.5 million compared to $1,028.2 million for the first quarter of 2018. The decrease was primarily driven by the timing of various new... More