Tutor Perini (TPC) Tops Q3 EPS by 7c, Revenues Beat; Offers FY20 EPS Guidance

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Go back to Tutor Perini (TPC) Tops Q3 EPS by 7c, Revenues Beat; Offers FY20 EPS Guidance

Tutor Perini Reports Strong Third Quarter 2020 Results

November 4, 2020 4:15 PM EST

Revenue of $1.4 billion, up 21% Y/Y and the highest quarterly result in more than ten years, driven by double-digit growth across all segments Income from construction operations of $83.0 million, up 73% Y/Y and the highest Q3 result since the merger in 2008 Diluted earnings per share (EPS) of $0.72, nearly doubled Y/Y Operating cash flow of $72.7 million (and $131.0 million YTD through Q3-20, the highest nine-month YTD result since the merger in 2008) Affirming 2020 EPS guidance of $1.80 to $2.10

LOS ANGELES--(BUSINESS WIRE)-- Tutor Perini Corporation (the Company)... More