Tutor Perini (TPC) Expected to Announce Quarterly Earnings on Wednesday

Tutor Perini (NYSE:TPC) is anticipated to release its earnings data after the market closes on Wednesday, February 26th. Analysts expect Tutor Perini to post earnings of $0.29 per share and revenue of $1.08 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Tutor Perini Stock Down 16.3 %

Shares of NYSE TPC opened at $19.49 on Monday. Tutor Perini has a 52-week low of $8.73 and a 52-week high of $34.55. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of -7.77 and a beta of 1.52. The stock has a 50 day moving average price of $24.15 and a 200 day moving average price of $25.14. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.55 and a current ratio of 1.55.

Wall Street Analyst Weigh In

TPC has been the subject of a number of analyst reports. B. Riley upped their price objective on Tutor Perini from $38.00 to $40.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th. Vertical Research started coverage on shares of Tutor Perini in a research report on Tuesday, December 10th. They set a “buy” rating and a $38.00 price target for the company. Finally, StockNews.com downgraded shares of Tutor Perini from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th.

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.