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

Tutor Perini

04/08/2023 01:01

* Tutor Perini Corp  TPC.N  reported a quarterly adjusted
loss
of 72 cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 4
cents per share.
    * Revenue rose 18.7% to $1.02 billion from a year ago;
analysts
expected $856.92 million. 
    * Tutor Perini Corp's reported EPS for the quarter was a
loss
of 72 cents​.
    * The mean earnings estimate of analysts had fallen by
about 134.6% 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 risen by 17.1% this
quarter and
gained 10.9% so far this year.
    * The company reported a quarterly loss of $37.53 million.
    * Wall Street's median 12-month price target for Tutor
Perini Corp
is $7.25 
    * 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
August 4 at 12:01 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.04          -0.72          Missed
 Mar. 31 2023      -0.04          -0.95          Missed
 Dec. 31 2022      0.01           -1.80          Missed
 Sep. 30 2022      0.11           -0.63          Missed