Tutor Perini (TPC) Tops Q1 EPS by 28c, Revenues Beat; Offers FY20 EPS Mid-Point Guidance Above Consensus

Go back to Tutor Perini (TPC) Tops Q1 EPS by 28c, Revenues Beat; Offers FY20 EPS Mid-Point Guidance Above Consensus

Tutor Perini Reports First Quarter 2020 Results

May 6, 2020 4:15 PM EDT

Revenue of $1.3 billion, up 30% Y/Y, driven by the ramp-up of large infrastructure projects Strongest first-quarter revenue growth in the past 8 years Diluted earnings per share (EPS) of $0.34, the highest first-quarter EPS in the past 10 years Backlog remains healthy at $10.6 billion, with several large civil projects bidding later this year Affirming 2020 EPS guidance of $1.80 to $2.10

LOS ANGELES--(BUSINESS WIRE)-- Tutor Perini Corporation (the Company) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for... More