Tutor Perini (TPC) Misses Q1 EPS by 51c, Offers FY Guidance

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Go back to Tutor Perini (TPC) Misses Q1 EPS by 51c, Offers FY Guidance

Tutor Perini Reports First Quarter 2022 Results

May 4, 2022 4:15 PM EDT

Record operating cash flow of $120.7 million, the largest first quarter result since the merger between Tutor-Saliba Corporation and Perini Corporation in 2008 Backlog increased to $8.3 billion compared to $8.2 billion at Q4 2021 Maintaining 2022 earnings per share ("EPS") guidance of $1.15 to $1.60 Anticipating continued strong operating cash generation in Q2 and through the remainder of 2022

LOS ANGELES--(BUSINESS WIRE)-- Tutor Perini Corporation (the Company) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the first quarter of 2022. Revenue... More