Tutor Perini Q4 revenue beats expectations

Tutor Perini

26/02/2026 21:22

Overview

Construction firm's Q4 revenue beat analyst expectations

Adjusted EPS for 2025 rose significantly from a loss in 2024

Company reduced total debt by 24% during 2025

Outlook

Tutor Perini expects 2026 adjusted EPS between $4.90 and $5.30

Company anticipates double-digit revenue growth in 2026

Tutor Perini does not expect significant impacts from federal budget or tariffs

Result Drivers

CASH FLOW IMPROVEMENT - Record operating cash flow of $748.1 mln in 2025, driven by strong collections and improved working capital management

SEGMENT GROWTH - Revenue growth in Civil, Building, and Specialty segments driven by increased project execution in Northeast, Hawaii, and Guam

PROFITABILITY RETURN - Income from construction operations rose due to higher-margin projects and absence of prior year's unfavorable adjustments

Company press release: ID:nBwbv7GsMa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$1.51 bln
$1.36 bln (4 Analysts)
Q4 EPS
$0.54
Q4 Net Income
$34.40 mln
Q4 Gross Profit
$147.72 mln
Q4 Pretax Profit
$45.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "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 $90.00, about 4.5% above its February 25 closing price of $86.10

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 20 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)