Tutor Perini (TPC) Misses Q3 EPS by 73c

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Tutor Perini Reports Third Quarter 2023 Results

November 9, 2023 4:15 PM EST

Strong operating cash flow of $103.2 million in Q3 2023 was the second-highest result for any third quarter since the merger of Tutor-Saliba Corporation and Perini Corporation in 2008 and up 42% compared to $72.6 million in Q3 2022; year-to-date operating cash flow of $180.8 million was also the second-highest result for the first nine months of any year since the 2008 merger Backlog grew to $10.6 billion, up 28% year-over-year compared to $8.4 billion at Q3 2022; anticipating continued strong backlog growth in 2024

LOS ANGELES--(BUSINESS WIRE)-- Tutor Perini Corporation (the Company) (NYSE: TPC), a leading civil,... More