TPC News and Press, Tutor Perini Corporation From 05/01/23

Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that it has been awarded a contract by the New York City Department of Design and Construction (“DDC”) valued at approximately $2.95 billion for the Design-Build Progr...

2023-04-29 08:44:41 ET Summary Tutor Perini is one of the most beat-up stocks I follow. It is worth more dead than alive now. But help is coming in the form of $1.2 trillion in Federal infrastructure grants to state and local agencies, Tutor’s customers. The first grants we...

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...

2023-04-24 06:14:23 ET Civil, building and specialty construction company, Tutor Perini ( NYSE: TPC ) Guam-based subsidiary, Black Micro has been awarded a firm-fixed-price contract valued at $221.69M by the Naval Facilities Engineering Systems Command Pacific for co...

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its Guam-based subsidiary, Black Micro Corp. (a unit of Black Construction Corporation), has been awarded a firm-fixed-price contract valued at $2...

2023-04-21 18:26:56 ET Tutor Perini ( NYSE: TPC ) on Friday said it expected to record an estimated non-cash, pre-tax charge to income from construction operations of about $84M in Q1. TPC said the charge was due to an unfavorable decision against the company from the U.S...

2023-04-21 13:46:54 ET Summary TPC's earnings came in very disappointing in fiscal 2022. Backlog however has strong potential for growth. Strong operating cash flow generation continues to strengthen the balance sheet. Intro We wrote about Tutor Perini (T...

2023-04-17 06:08:32 ET Tutor Perini Corporation ( NYSE: TPC ) notifies that its subsidiary, Lunda Construction Company, has been awarded a contract valued at ~$62M by the Minnesota Department of Transportation for Repairs to the I-494 Bridge over the Minnesota Riv...

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Lunda Construction Company, has been awarded a contract valued at approximately $62 million by the Minnesota Department of Transpo...

2023-03-16 14:38:39 ET Tutor Perini ( NYSE: TPC ) shares plunged after posting weak FY2022 results, due to a lack of major new awards due to the COVID-19 pandemic and customer budgetary constraints. The company saw sales decline of around 18% for the year The pandemic ...