Tutor Perini (TPC) Raises Quarterly Dividend 50% to $0.09; 0.4% Yield
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Tutor Perini Reports Strong Second Quarter 2026 Financial Results; Raises 2026 Adjusted EPS Guidance; Increases Quarterly Dividend 50%
August 5, 2026 4:15 PM EDTRecord revenue of $1.6 billion, up 19% Y/Y Record income from construction operations of $117.7 million, up 54% Y/Y reflecting continued strong operating performance and growing contributions from higher-margin projects Diluted earnings per share ("EPS") of $1.23, up 224% compared to $0.38 in Q2 2025 Adjusted EPS of $1.74, up 23% compared to $1.41 in Q2 2025 Record first-half 2026 operating cash flow of $334.1 million, up 17% Y/Y Profitable, near-record backlog of $19.9 billion, up slightly compared to backlog at Q1 2026 Raising 2026 Adjusted EPS guidance to $5.15 to $5.45 (up from $4.90 to $5.30) Board increases... More
