Tutor Perini (TPC) Tops Q4 EPS by 8c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus
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Tutor Perini Reports Fourth Quarter and Full Year 2020 Results
February 24, 2021 4:15 PM ESTRevenue of $5.3 billion in 2020, up 20% Y/Y, driven by double-digit growth across all segments despite the impacts of the COVID-19 pandemic Income from construction operations of $262.3 million in 2020, up substantially Y/Y, and the highest annual result since the merger in 2008 Diluted earnings per share (EPS) of $2.12 in 2020, which exceeded guidance Strong operating cash flow of $172.8 million in 2020, up 27% Y/Y, and the highest annual result since the merger in 2008
LOS ANGELES--(BUSINESS WIRE)-- Tutor Perini Corporation (the Company) (NYSE: TPC), a... More
