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Tutor Perini Q1 Adjusted Earnings, Revenue Rise; Shares Fall After Hours

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Tutor Perini (TPC) reported Q1 adjusted earnings late Wednesday of $1.03 per diluted share, up from $0.65 a year earlier.

Four analysts polled by FactSet expected $0.95.

Revenue in the three months ended March 31 rose to $1.39 billion from $1.25 billion a year earlier.

Four analysts surveyed by FactSet expected $1.44 billion.

The company affirmed its full-year adjusted EPS guidance of $4.90 to $5.30. Analysts expect $5.

Tutor Perini shares fell 6.6% in after-hours trading.

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