Tutor Perini Corp expected to post a loss of $1.89 a share - Earnings Preview

Tutor Perini

05/11/2024 08:07

* Tutor Perini Corp  TPC.N   TPC  is expected to show a rise
in
quarterly revenue when it reports  results on November 7 for the
period ending September 30 2024
    * The Sylmar California-based  company is expected to report
a
10.3% increase in revenue to $1.17 billion from $1.06 billion a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Tutor Perini Corp is for
a
loss of $1.89 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Tutor
Perini Corp
is $38.00​, above​ its last closing price of $26.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.16        0.17       0.02      Missed  -88
 Mar. 31 2024  -0.17       -0.17      0.30      Beat    276.5
 Dec. 31 2023  0.14        0.13       -0.91     Missed  -800​
 Sep. 30 2023  0.06        0.09       -0.71     Missed  -888.9
 ​​Jun.        -0.05       -0.04      -0.72     Missed  -1,500
 30 2023                                                
 Mar. 31 2023  -0.04       -0.04      -0.95     Missed  -2,275
                                                        ​
 Dec. 31 2022              0.01       -1.80     Missed  -18,10
                                                        0
 Sep. 30 2022  0.05        0.11       -0.63     Missed  -655.9
 This summary was machine generated November 5 at 08:07 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)