Brief: Tutor Perini Q2 EPS USD 0.38

Tutor Perini

06/08/2025 21:15

Overview

Tutor Perini Q2 revenue rises 22% yr/yr, beating analyst expectations, per LSEG data

Adjusted EPS up 315% to $1.41in the qtr

Company raises 2025 EPS guidance

Outlook

Tutor Perini raises 2025 GAAP EPS guidance to $1.70-$2.00

Company expects 2025 Adjusted EPS between $3.65 and $3.95

Tutor Perini anticipates higher EPS in 2026 and 2027

Result Drivers

HIGHER-MARGIN PROJECTS - Revenue growth driven by increased execution on newer, higher-margin projects

RECORD BACKLOG - Backlog reached $21.1 bln due to new awards and favorable market conditions

SHARE-BASED COMPENSATION - Increased expenses due to stock price rise impacted earnings

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.37 bln
$1.27 bln (3 Analysts)
Q2 EPS
$0.38
Q2 Net Income
$47.09 mln
Q2 Gross Profit
$196 mln
Q2 Pretax Profit
$69.05 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction & engineering peer group is "buy"

Wall Street's median 12-month price target for Tutor Perini Corp is $54.50, about 12.6% above its August 5 closing price of $47.66

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw16Yp3ta

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)