Tutor Perini (TPC) Misses Q3 EPS by 33c, FY EPS Guidances Misses Consensus

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Go back to Tutor Perini (TPC) Misses Q3 EPS by 33c, FY EPS Guidances Misses Consensus

Tutor Perini Reports Third Quarter 2021 Results

November 3, 2021 4:15 PM EDT

Strong $2.1 billion volume of new awards; backlog increased to $8.4 billion Diluted earnings per share (EPS) of $0.30 Adjusting 2021 EPS guidance to $1.70 to $1.85

LOS ANGELES--(BUSINESS WIRE)-- Tutor Perini Corporation (the Company) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the third quarter of 2021. Revenue was $1.2 billion compared to $1.4 billion for the third quarter of last year. The decrease was primarily due to reduced project execution activities in the Building segment, as various projects have completed or are nearing... More