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Tutor Perini (TPC) has an average rating of buy and mean price target of $117, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $99.27, Change: $+14.72, Percent Change: +17.40%
Tutor Perini (TPC) said Thursday that its subsidiary, Fisk Electric, has secured an electrical project valued at about $29.5 million from a confidential customer for a new commercial office building in Palm Beach, Florida.Electrical work under the project has recently commenced and is slated to be completed in 2029, according to the company.The contract value will be reflected in the company's backlog for Q2, Tutor Perini said.Price: $87.30, Change: $+0.30, Percent Change: +0.34%
Tutor Perini (TPC) said Wednesday that its Lunda Construction unit has won the Roberts Street Railroad Bridge Replacement Project in St. Paul, Minnesota.The contract value, which was not disclosed, will be included in Tutor Perini's Q2 backlog, the company said.The construction company said the contract includes replacing the existing railroad bridge over the Mississippi River, rebuilding the approach bridges, rehabilitating concrete piers, installing new protective structures, and constructing a support platform for a new operations building. The current bridge will remain in service during construction, Tutor Perini said.Tutor Perini said work is scheduled to begin this month, with substantial completion expected in December 2029.Price: $75.60, Change: $+0.73, Percent Change: +0.98%
Tutor Perini (TPC) said Tuesday its subsidiary Roy Anderson has been awarded a $114 million contract for the Jones Hall Project at the University of Mississippi.The project calls for the construction of a four-story, approximately 110,000-square-foot building that will house the Patterson School of Accountancy, the company said.Construction is set to begin this month, with substantial completion expected in December 2028, the company said, adding that the contract value will be added to the company's backlog in Q2.Price: $70.69, Change: $-1.44, Percent Change: -2.00%
Tutor Perini (TPC) said Monday its Perini Management Services subsidiary has been awarded a $61.6 million contract from the US Coast Guard to design and build a child development center.The project at the USCG Base Kodiak in Alaska includes a roughly 34,000-square-foot child development center for 232 children, the company said.Tutor Perini said construction is expected to begin in May 2026 and be substantially completed by January 2029, with the contract value to be added to its backlog in Q2.Price: $77.07, Change: $-2.42, Percent Change: -3.04%
Tutor Perini (TPC) said Wednesday that its subsidiary, Rudolph and Sletten, has secured a contract from Sutter Health for future Advanced Orthopedics & Sports Medicine Care Complex in Sacramento, California.The undisclosed contract value was reflected in Tutor Perini's backlog at the end of Q1, according to a statement.The project will convert the existing 660 J Street office building into a new 120,000 square-foot ambulatory surgical center and medical office building, the company said.Pre-construction work started in the spring of 2025 and the project recently entered the construction phase, with significant completion expected in the fall of 2027, the company added.Price: $81.28, Change: $-1.41, Percent Change: -1.71%
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.
Tutor Perini (TPC) said Monday that its subsidiary, Perini Management Services, has been awarded a construction multiple-award task order contract by the US Army Corps of Engineers, Louisville District.The contract provides a shared capacity of $2 billion over 10 years for construction services supporting the Energy Resilience and Conservation Investment Program, Tutor Perini said.Under the terms, Perini Management can compete for task orders under the program, which may include construction of new electrical and water infrastructure as well as repair, replacement, and modification of existing systems at US military facilities in the US and Puerto Rico, the company said.Price: $87.61, Change: $+0.84, Percent Change: +0.97%
