Tutor Perini (TPC) Tops Q1 EPS by 9c, Revenues Miss; Offers FY21 EPS Outlook

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Tutor Perini Reports First Quarter 2021 Results

May 5, 2021 4:15 PM EDT

Revenue of $1.21 billion compared to $1.25 billion in Q1 2020 Income from construction operations of $49.7 million, up 5% over prior year, driven by a shift toward higher-margin projects within the Civil segment Diluted earnings per share (EPS) of $0.31 compared to $0.34 in Q1 2020 Backlog remains solid at $8.1 billion, with 59% comprised of higher-margin Civil projects Affirming 2021 EPS guidance of $1.80 to $2.20

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