Tutor Perini Reports Fourth Quarter and Full Year 2020 Results
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Tutor Perini (TPC) Tops Q4 EPS by 8c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus
February 24, 2021 4:27 PM ESTTutor Perini (NYSE: TPC) reported Q4 EPS of $0.69, $0.08 better than the analyst estimate of $0.61. Revenue for the quarter came in at $1.35 billion versus the consensus estimate of $1.33 billion.
Income from construction operations for the fourth quarter and full year of 2020 was $74.4 million and $262.3 million, respectively, both up substantially compared to the same periods in 2019, and the highest annual result since the merger of Tutor-Saliba and Perini in 2008.Net income attributable to the Company for the fourth quarter and full year of 2020 was $35.5 million, or $0.69 per diluted share, and $108.4 million, or $2.12 per... More