TPC News and Press, Tutor Perini Corporation From 02/22/23

Summary The management team at Concrete Pumping Holdings has done well to grow the business as of late, with sales, profits and cash flows rising. This is impressive in the current environment, as is management's guidance for 2023. Add in how cheap shares are, and the firm warrants ...

Summary As discussions about the trillion-dollar debt ceiling question intensify on Capitol Hill, we bring you one of our budget-spending-oriented trading strategies. While the largest and most unique government contracts catch media outlets' attention, most contracts end up being out o...

Summary TPC announced on December 9 that they are taking a $43 million charge in 4Q because of a court ruling regarding a New York transportation project's billings. This construction company is in the process of winning new mega multi-billion-dollar projects. TPC could again be a t...

Summary During the quarter we also scaled up a new investment in Tutor Perini. TPC appears well positioned to benefit over the next couple of years from the recently passed $1.2T federal infrastructure law. Tutor’s recent new business wins are helping to rebuild their p...

Summary With interest rates changes affecting the economy approximately 6 months out, the ongoing aggressive tightening path creates greater risk of future adverse events impacting the economy and markets. There are early signs of lower inflation levels on the horizon and the U.S....

Tutor Perini Corporation (TPC) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Jorge Casado - Vice President of Investor Relations Ronald Tutor - Chairman and CEO Gary Smalley - Executive Vice President and CFO Conference C...

Tutor Perini press release ( NYSE: TPC ): Q3 GAAP EPS of -$0.63 misses by $0.74 . Revenue of $1.07B (-8.5% Y/Y) beats by $116.55M . Backlog was $8.4 billion as of September 30, 2022, level compared to the same period last year. “We generated strong o...

Tutor Perini ( NYSE: TPC ) said its unit Five Star Electric was awarded two contracts worth ~$90M. Five Star, in a joint venture with Yonkers Contracting, was given a design-build contract by the Port Authority of New York and New Jersey for a new two-story substation ...

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Five Star Electric (“Five Star”), has been awarded two new contracts collectively valued at approximately ...

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 resul...