Tutor Perini Corp reports results for the quarter ended in December - Earnings Summary

Tutor Perini

16/03/2023 24:00

* Tutor Perini Corp  TPC.N  reported a quarterly adjusted
loss of
$1.80​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for earnings of
one cent per share.
    * Revenue fell 12.6% to $906.65 million from a year ago;
analysts
expected $976.18 million. 
    * Tutor Perini Corp's reported EPS for the quarter was a
loss of
$1.80​.
    * The mean earnings estimate of analysts had risen by
about 133.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Tutor Perini Corp shares had fallen by 1.3% this quarter.
    * The company reported a quarterly loss of $92.92 million.
    * Wall Street's median 12-month price target for Tutor
Perini Corp
is $9.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 16 at 12:00 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.01           -1.80          Missed
 Sep. 30 2022      0.11           -0.63          Missed
 Jun. 30 2022      0.41           -0.28          Missed
 Mar. 31 2022      0.09           0.42           Beat