Tutor Perini (NYSE:TPC) Issues Earnings Results, Misses Expectations By $1.80 EPS

Tutor Perini (NYSE:TPC) released its quarterly earnings data on Thursday. The construction company reported ($1.51) EPS for the quarter, missing analysts’ consensus estimates of $0.29 by ($1.80), RTT News reports. Tutor Perini had a negative net margin of 3.08% and a negative return on equity of 9.56%. During the same period in the prior year, the company posted ($0.91) earnings per share. Tutor Perini updated its FY 2025 guidance to 1.500-1.900 EPS.

Tutor Perini Stock Down 5.6 %

NYSE:TPC opened at $21.86 on Friday. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.53. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of -8.71 and a beta of 1.52. The stock has a 50-day moving average price of $23.87 and a two-hundred day moving average price of $25.15. Tutor Perini has a 1 year low of $9.03 and a 1 year high of $34.55.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. StockNews.com downgraded Tutor Perini from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. B. Riley boosted their target price on Tutor Perini from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Finally, Vertical Research assumed coverage on Tutor Perini in a research note on Tuesday, December 10th. They issued a “buy” rating and a $38.00 target price for the company.

About Tutor Perini

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally. It operates through three segments: Civil, Building, and Specialty Contractors.