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

Tutor Perini

05/05/2023 17:45

* Tutor Perini Corp  TPC.N  reported a quarterly adjusted
loss
of 95 cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 4 cents per
share.
    * Revenue fell 18.5% to $776.30 million from a year ago;
analysts
expected $917.53 million. 
    * Tutor Perini Corp's reported EPS for the quarter was a
loss
of 95 cents​.
    * The mean earnings estimate of analysts had risen by
about 33.3%
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 5.0% this
quarter and
lost 22.4% so far this year.
    * The company reported a quarterly loss of $49.2 million.
    * Wall Street's median 12-month price target for Tutor
Perini Corp
is $7.50 
    * 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 May
5 at 04:44 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.41           -0.28          Missed