SEC Form 10-Q filed by Tutor Perini Corporation
$TPC
General Bldg Contractors - Nonresidential Bldgs
Consumer Discretionary
Unavailable
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/14/2024 | $14.00 → $27.00 | Neutral → Buy | UBS |
| 2/28/2022 | $19.00 → $17.00 | Buy | B. Riley Securities |
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 the Company, in a joint venture with O&G Industries, Inc. ("O&G"), has been identified as the Apparent Selected Proposer by the New York City Department of Design and Construction ("DDC") for the new Manhattan Jail Facility. This is one of four new jails that are being built in the boroughs of New York City to replace the Rikers Island Jail Complex, which will eventually be closed and decommissioned. The Company anticipates that it will be negotiating contractual terms and pricing for this multi-billion-dollar project with the owner and, if those negotiatio
Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that the Company, in a joint venture with Nan, Inc., has been awarded a contract with a base value of approximately $330.6 million by the Naval Facilities Engineering Systems Command, Marianas, for the Apra Harbor Waterfront Repairs Project. This is a design-build construction project to repair Guam Harbor's Glass Breakwater and restore and modernize waterfront areas that have been physically eroded and damaged from storms, including the recent Typhoon Mawar in May 2023 at Apra Harbor, Naval Base Guam. The scope of work for the base contract includes repairs to
SC 13G/A - TUTOR PERINI CORP (0000077543) (Subject)
SC 13G - TUTOR PERINI CORP (0000077543) (Subject)
SC 13G - TUTOR PERINI CORP (0000077543) (Subject)
4 - TUTOR PERINI CORP (0000077543) (Issuer)
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10-Q - TUTOR PERINI CORP (0000077543) (Filer)
8-K - TUTOR PERINI CORP (0000077543) (Filer)
8-K - TUTOR PERINI CORP (0000077543) (Filer)
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
Gary Smalley appointed as President and will succeed Ronald Tutor as Chief Executive Officer Ryan Soroka appointed as Senior Vice President and Chief Financial Officer Tutor Perini Corporation (the "Company") (NYSE:TPC), a leading civil, building and specialty construction company, today announced that its Board of Directors (the "Board") has appointed Gary Smalley, the Company's current Executive Vice President and Chief Financial Officer, to the position of President, effective November 15, 2023. The Company plans for Mr. Smalley to succeed Ronald Tutor as Chief Executive Officer of the Company effective January 1, 2025, with Mr. Tutor transitioning to the role of Executive Chairma
Funded By IIJA And Federal Grant; Work To Begin Late Summer 2024, Completion Anticipated In 2031; Tutor Perini's 30% Share Added To Q2 2024 Backlog
UBS upgraded Tutor Perini from Neutral to Buy and set a new price target of $27.00 from $14.00 previously
B. Riley Securities reiterated coverage of Tutor Perini with a rating of Buy and set a new price target of $17.00 from $19.00 previously