TPC - Earnings announcements

Record Q1 2026 operating cash flow of $146.9 million, up 542% Y/Y Revenue of $1.4 billion in Q1 2026, up 11% Y/Y Income from construction operations of $59.2 million, reflecting continued strong operating performance and contributions from higher-margin projects Diluted earnings per share ("EPS") of $0.48 compared to $0.53 in Q1 2025 Adjusted EPS of $1.03 compared to $0.65 in Q1 2025 Strong, profitable backlog of $19.8 billion at the end of Q1 2026 Affirming 2026 Adjusted EPS guidance of $4.90 to $5.30 Tutor Perini remains confident that Adjusted EPS for 2027 will be significantly higher than the upper end of the Company's 2026 guidance due to solid earnings visibility

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, May 6, 2026, to discuss the Company's first quarter 2026 results. Participants on the call from Tutor Perini will be Gary Smalley, CEO and President; Ryan Soroka, Executive Vice President and CFO; and Ronald Tutor, Executive Chairman. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial +1-201-689-8349.

Record operating cash flow of $748.1 million in 2025, up 49% Y/Y Record revenue of $5.5 billion in 2025, up 28% Y/Y Income from construction operations of $232.0 million in 2025, up significantly compared to a loss from construction operations of $103.8 million in 2024, reflecting continued strong operating performance and contributions from higher-margin projects Diluted earnings per share ("EPS") of $1.51 in 2025, up substantially compared to a diluted loss per share of $3.13 in 2024 Adjusted EPS of $4.29 in 2025, up significantly compared to adjusted diluted loss per share of $2.37 in 2024 Reduced total debt by $126.8 million, or 24%, during 2025 Strong backlog of $20.

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Thursday, February 26, 2026, to discuss the Company's fourth quarter and full year 2025 results. Participants on the call from Tutor Perini will be Gary Smalley, CEO and President; Ryan Soroka, Executive Vice President and CFO; and Ronald Tutor, Executive Chairman. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dia

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, November 5, 2025, to discuss the Company's third quarter 2025 results. Participants on the call from Tutor Perini will be Gary Smalley, CEO and President; Ryan Soroka, Executive Vice President and CFO; and Ronald Tutor, Executive Chairman. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial +1-201-689-83

Revenue of $1.37 billion, up 22% Y/Y Income from construction operations of $76.4 million, up 89% Y/Y, reflecting strong operating performance and contributions from higher-margin projects Diluted earnings per share ("EPS") of $0.38, up substantially compared to $0.02 in Q2 2024 Adjusted EPS of $1.41, up 315% compared to $0.34 in Q2 2024 Record second-quarter operating cash flow of $262.4 million for Q2 2025 and record $285.3 million operating cash flow for the first six months of 2025 Record backlog of $21.1 billion at the end of Q2 2025, up 102% Y/Y and reflecting $3.1 billion of new awards and contract adjustments in Q2 2025 Company increases 2025 EPS guidance: 2025 GA

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, August 6, 2025, to discuss the Company's second quarter 2025 results. Participants on the call from Tutor Perini will be Gary Smalley, CEO and President; Ryan Soroka, Executive Vice President and CFO; and Ronald Tutor, Executive Chairman. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial +1-201-689-834

Revenue of $1.25 billion, up 19% Y/Y Income from construction operations of $65.3 million, up 34% Y/Y Diluted earnings per share ("EPS") of $0.53, up 77% Y/Y Record backlog of $19.4 billion at the end of Q1 2025, up 94% Y/Y and reflecting $2.0 billion of new awards and contract adjustments in Q1 2025 Operating cash flow of $22.9 million Reduced total debt by $128.5 million, or 24%, since year-end 2024 through the early payoff of the Term Loan B Company increases 2025 EPS guidance to $1.60 to $1.95 (from $1.50 to $1.90) Company continues to expect EPS for 2026 and 2027 to be more than double 2025 guidance Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil,

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, May 7, 2025, to discuss the Company's first quarter 2025 results. Participants on the call from Tutor Perini will be Gary Smalley, CEO and President; Ryan Soroka, Executive Vice President and CFO; and Ronald Tutor, Executive Chairman. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial +1-201-689-8349. Th

Record operating cash flow of $503.5 million in 2024, up 63% Y/Y Successfully accelerated debt reduction, reducing total debt by $477 million, or 52%, from the end of 2023 through February 27, 2025, including the full payoff of the Term Loan B Record backlog of $18.7 billion as of December 31, 2024, up 84% Y/Y, driven by $12.8 billion of new awards and contract adjustments in 2024; New awards continue strong in early 2025 Revenue of $4.3 billion in 2024, up 12% Y/Y Company's considerable progress in resolving many of its largest legacy disputes generated significant operating cash flow in 2024; however, these resolutions also resulted in net charges that drove a diluted loss of

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Thursday, February 27, 2025, to discuss the Company's fourth quarter and full year 2024 results. Speakers on the call from Tutor Perini will be Gary Smalley, CEO and President; Ryan Soroka, Executive Vice President and CFO; and Ronald Tutor, Executive Chairman. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial +1-2

Strong year-to-date operating cash flow of $174.0 million through September 30, 2024 Expecting record full-year 2024 operating cash flow in the range of $425 million to $575 million Planning to utilize anticipated strong 2024 cash collections to prepay $100 million to $150 million of Term Loan B debt by December 31, 2024 ($50 million of which has already been prepaid in Q4 2024), with further prepayments of $50 million to $75 million expected in Q1 2025 Record backlog of $14.0 billion at the end of Q3 2024, up 35% compared to the end of Q2 2024 and substantially higher than the previous record of $11.6 billion set in Q1 2019, with the potential for significant further growth by year-

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, November 6, 2024, to discuss the Company's third quarter 2024 results. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO; Gary Smalley, President; and Ryan Soroka, Senior Vice President and CFO. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial 1-201-689-8349. The conference

Strong operating cash flow of $53.1 million in Q2 2024 and $151.4 million in the first six months of 2024 Revenue of $1.1 billion in Q2 2024, up 10% compared to Q2 2023 Backlog of $10.4 billion at the end of Q2 2024, up modestly compared to the end of Q1 2024; anticipating continued strong backlog growth in 2024 and 2025 Affirming 2024 EPS guidance in range of $0.85 to $1.10 Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil, building and specialty construction company, reported results today for the second quarter of 2024. The Company generated $53.1 million of cash from operating activities in the second quarter of 2024 compared to $56.3 million for the same

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Thursday, August 1, 2024, to discuss the Company's second quarter 2024 results. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO; Gary Smalley, President; and Ryan Soroka, Senior Vice President and CFO. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial 1-201-689-8349. The conference

Strong operating cash flow of $98.3 million in Q1 2024, up 361% compared to $21.3 million in Q1 2023 Revenue of $1.05 billion in Q1 2024, up 35% compared to Q1 2023 Diluted earnings per share ("EPS") of $0.30 in Q1 2024 compared to diluted loss per share of $0.95 in Q1 2023 Backlog grew to $10.0 billion, up 26% year-over-year; anticipating continued strong backlog growth in 2024 and 2025 Strengthened balance sheet with debt refinancing Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil, building and specialty construction company, reported results today for the first quarter of 2024. The Company generated $98.3 million of cash from operating activities in t

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Thursday, April 25, 2024, to discuss the Company's first quarter 2024 results. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO; Gary Smalley, President; and Ryan Soroka, Senior Vice President and CFO. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial 1-201-689-8349. The conference

Record operating cash flow of $308.5 million in 2023, up 49% compared to the prior record of $207.0 million in 2022 Term Loan B was paid down by an additional $91 million on February 23, 2024, earlier than required Backlog increased 28% year-over-year to $10.2 billion, providing visibility for strong revenue growth Backlog is expected to continue to grow significantly in 2024 and 2025, as the Company is tracking more than $32 billion of near-term opportunities over this period Senior Notes refinancing is underway, with transaction expected to be completed by the end of April 2024 Establishing initial EPS guidance for 2024 in the range of $0.85 to $1.10 Tutor Perini Corpor

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, February 28, 2024, to discuss the Company's fourth quarter and full year 2023 results. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO; Gary Smalley, President; and Ryan Soroka, Senior Vice President and CFO. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial 1-201-689-8349

Strong operating cash flow of $103.2 million in Q3 2023 was the second-highest result for any third quarter since the merger of Tutor-Saliba Corporation and Perini Corporation in 2008 and up 42% compared to $72.6 million in Q3 2022; year-to-date operating cash flow of $180.8 million was also the second-highest result for the first nine months of any year since the 2008 merger Backlog grew to $10.6 billion, up 28% year-over-year compared to $8.4 billion at Q3 2022; anticipating continued strong backlog growth in 2024 Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil, building and specialty construction company, reported results today for the third quarter of 2023. R

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Thursday, November 9, 2023, to discuss the Company's third quarter 2023 results. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO, and Gary Smalley, Executive Vice President and CFO. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial 1-201-689-8349. The conference call will be webcas

Revenue of $1.02 billion in Q2 2023, up 19% compared to $861.0 million in Q2 2022 Solid operating cash flow of $56.3 million in Q2 2023 compared to $58.0 million in Q2 2022; year-to-date operating cash flow of $77.7 million was the second-highest result for the first six months of any year since the merger of Tutor-Saliba Corporation and Perini Corporation in 2008 Backlog grew to $10.9 billion, up 27% year-over-year compared to $8.5 billion at Q2 2022; anticipating continued strong backlog growth over the next several quarters   Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil, building and specialty construction company, reported results today for the second

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Thursday, August 3, 2023, to discuss the Company's second quarter 2023 results. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO, and Gary Smalley, Executive Vice President and CFO. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial 1-201-689-8349. The conference call will be webcast

Solid operating cash flow of $21.3 million in Q1 2023 Sustained backlog of $7.9 billion provides good revenue visibility Significant backlog growth expected in Q2 2023, with more than $3.2 billion of new awards already booked in the quarter Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil, building and specialty construction company, reported results today for the first quarter of 2023. Revenue was $776.3 million compared to $952.2 million for the first quarter of last year. The decrease was largely due to reduced project execution activities on a transportation project in the Northeast that is nearing completion, which impacted all three segments, and a previo

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Thursday, May 4, 2023, to discuss the Company's first quarter 2023 results. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO, and Gary Smalley, Executive Vice President and CFO. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial 1-201-689-8349. The conference call will be webcast liv

Strong full-year operating cash flow of $207.0 million in 2022, the largest result for any year since the merger between Tutor-Saliba Corporation and Perini Corporation in 2008 Backlog of $7.9 billion provides good revenue visibility; significant pending new projects with contract awards expected in 2023 that could exceed $3 billion in the aggregate Implemented business strategy changes in 2022 to expedite dispute resolutions and cash collections for Specialty Contractors segment projects in New York and improve the segment's future operational performance Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil, building and specialty construction company, reported res

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, March 15, 2023, to discuss the Company's fourth quarter and full year 2022 results. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO, and Gary Smalley, Executive Vice President and CFO. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial 1-201-689-8349. The conference call wil

Strong operating cash flow of $72.6 million in Q3 2022 compared to usage of $21.3 million in Q3 2021 Record year-to-date operating cash flow of $251.3 million, the largest nine-month result since the merger between Tutor-Saliba Corporation and Perini Corporation in 2008 Sustained backlog of $8.4 billion provides good revenue visibility; two previously announced new projects with pending contract awards could add more than $4.5 billion to backlog over next several months Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil, building and specialty construction company, reported results today for the third quarter of 2022. Revenue was $1.1 billion compared to $1.2 billio

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, November 2, 2022, to discuss the Company's third quarter 2022 results. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO, and Gary Smalley, Executive Vice President and CFO. The Company plans to issue its earnings announcement the same day after the market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial 1-201-689-8349. The conference call will be webcast

Strong operating cash flow of $58.0 million in Q2 2022 compared to usage of $84.6 million in Q2 2021 Record year-to-date operating cash flow of $178.7 million, the largest result for the first six months of any year since the merger between Tutor-Saliba Corporation and Perini Corporation in 2008 Backlog increased 14% year-over-year to $8.5 billion compared to $7.5 billion at Q2 2021 Anticipate improved operating cash generation for the remainder of 2022 compared to the second half of 2021 Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil, building and specialty construction company, reported results today for the second quarter of 2022. Revenue was $0.9 billion c

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 8:00 AM Pacific Time on Friday, August 5, 2022, to discuss the Company's second quarter 2022 results. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO, and Gary Smalley, Executive Vice President and CFO. The Company plans to issue its earnings announcement the same day before market open. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial 1-201-689-8349. The conference call will be webcast live ove

Record operating cash flow of $120.7 million, the largest first quarter result since the merger between Tutor-Saliba Corporation and Perini Corporation in 2008 Backlog increased to $8.3 billion compared to $8.2 billion at Q4 2021 Maintaining 2022 earnings per share ("EPS") guidance of $1.15 to $1.60 Anticipating continued strong operating cash generation in Q2 and through the remainder of 2022 Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil, building and specialty construction company, reported results today for the first quarter of 2022. Revenue was $1.0 billion compared to $1.2 billion for the first quarter of last year. The decrease was primarily due to redu

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, May 4, 2022, to discuss the Company's first quarter 2022 results. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO, and Gary Smalley, Executive Vice President and CFO. The Company plans to issue its earnings announcement the same day after market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial +1-201-689-8349. The conference call will be webcast live ove

Strong Civil segment operating margin of 12.7% for 2021, the highest annual Civil segment margin since 2014 Diluted earnings per share ("EPS") of $1.79 in 2021, in line with revised guidance Backlog of $8.2 billion at year-end 2021 compared to $8.3 billion at year-end 2020 Substantially improved operating cash generation expected in 2022 Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil, building and specialty construction company, reported results today for the fourth quarter and year ended December 31, 2021. Revenue for the fourth quarter and full year of 2021 was $1.0 billion and $4.6 billion, down 23% and 13%, respectively, compared to the same periods last y

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Thursday, February 24, 2022, to discuss the Company's fourth quarter and full year 2021 results. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO, and Gary Smalley, Executive Vice President and CFO. The Company plans to issue its earnings announcement the same day after market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial +1-201-689-8349. The conference call will

Strong $2.1 billion volume of new awards; backlog increased to $8.4 billion Diluted earnings per share ("EPS") of $0.30 Adjusting 2021 EPS guidance to $1.70 to $1.85 Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil, building and specialty construction company, reported results today for the third quarter of 2021. Revenue was $1.2 billion compared to $1.4 billion for the third quarter of last year. The decrease was primarily due to reduced project execution activities in the Building segment, as various projects have completed or are nearing completion, while newer projects that have been recently awarded are yet to contribute to revenue. Until recently, the COVID-

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, November 3, 2021, to discuss the Company's third quarter 2021 results. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO, and Gary Smalley, Executive Vice President and CFO. The Company plans to issue its earnings announcement the same day after market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial +1-201-689-8349. The conference call will be webcast liv

Income from construction operations of $68.8 million, increased 19% over prior year, driven by a continued shift toward higher-margin projects within the Civil segment Diluted earnings per share ("EPS") of $0.61, up 65% compared to $0.37 in Q2 2020 Backlog remains healthy at $7.5 billion, with 58% comprised of higher-margin Civil projects Affirming 2021 EPS guidance of $1.80 to $2.20 Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil, building and specialty construction company, reported results today for the second quarter of 2021. Revenue was $1.22 billion, down modestly compared to $1.28 billion for the second quarter of last year. Reduced activities mostly on

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that it will host a conference call at 2:00 PM Pacific Time on Wednesday, August 4, 2021, to discuss the Company's second quarter 2021 results. Speakers on the call from Tutor Perini will be Ronald Tutor, Chairman and CEO, and Gary Smalley, Executive Vice President and CFO. The Company plans to issue its earnings announcement the same day after market close. To participate in the conference call, please dial 877-407-8293 five to ten minutes prior to the scheduled time. International callers should dial +1-201-689-8349. The conference call will be webcast live