Tutor Perini (NYSE:TPC) Releases Quarterly Earnings Results, Misses Estimates By $1.80 EPS

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

Tutor Perini Stock Performance

TPC opened at $21.86 on Friday. Tutor Perini has a 52-week low of $9.03 and a 52-week high of $34.55. The firm has a market capitalization of $1.15 billion, a PE ratio of -8.71 and a beta of 1.52. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.55 and a current ratio of 1.55. The business’s 50-day simple moving average is $23.87 and its 200 day simple moving average is $25.15.

Analysts Set New Price Targets

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

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.