Tutor Perini (NYSE:TPC) Issues FY 2025 Earnings Guidance

Tutor Perini (NYSE:TPC) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 1.500-1.900 for the period, compared to the consensus EPS estimate of 1.620. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TPC. StockNews.com downgraded Tutor Perini from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Vertical Research began coverage on Tutor Perini in a research note on Tuesday, December 10th. They issued a “buy” rating and a $38.00 price objective for the company. Finally, B. Riley increased their price target on Tutor Perini from $38.00 to $40.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th.

Tutor Perini Price Performance

Shares of TPC traded down $1.29 during midday trading on Thursday, hitting $21.86. 683,245 shares of the company traded hands, compared to its average volume of 607,096. The stock has a 50-day moving average of $23.87 and a 200-day moving average of $25.15. Tutor Perini has a one year low of $9.03 and a one year high of $34.55. The firm has a market cap of $1.15 billion, a P/E ratio of -8.71 and a beta of 1.52. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.55 and a quick ratio of 1.55.

Tutor Perini (NYSE:TPC) last posted its quarterly earnings data on Thursday, February 27th. The construction company reported ($1.51) earnings per share for the quarter, missing the consensus estimate of $0.29 by ($1.80). Tutor Perini had a negative return on equity of 9.56% and a negative net margin of 3.08%. During the same quarter in the prior year, the firm earned ($0.91) earnings per share.

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.