TPC News and Press, Tutor Perini Corporation From 04/08/22

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that the Black Construction-Tutor Perini joint venture has been awarded a firm fixed-price contract valued at approximately $106.8 million by...

Company announces a drop in sales and earnings in 2021 due to a general construction slowdown. The backlog has remained strong and is expected to grow especially in the civil segment. High receivables and debt remain a problem given the lion's share of the firm's equity is made of...

Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its Guam subsidiary, Black Construction Corporation (“Black”), has been recognized as a 2022 Top 200 Performer by the Associated Builders and Contractor...

Tutor Perini's (TPC -6.2%) subsidiary, Frontier-Kemper Constructors received a contract worth ~C$341M by FortisBC Energy for the tunnel component of the Eagle Mountain - Woodfibre Gas Pipeline project. The project consists of using two tunnel boring machines to bore an ~9-kilom...

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Frontier-Kemper Constructors (“Frontier-Kemper”), has been awarded a contract valued at approximately CAD$...

Tutor Perini Corporation (TPC) Q4 2021 Earnings Conference Call February 24, 2022, 04:30 AM ET Company Participants Jorge Casado - VP-IR Ronald Tutor - Chairman and CEO Gary Smalley - EVP and CFO Conference Call Participants Steven Fisher - UBS Brent Thielman - D.A. Davidson Presentation Oper...

Tutor Perini press release (NYSE:TPC): Q4 GAAP EPS of $0.57 beats by $0.06. Revenue of $1.04B (-23.0% Y/Y) misses by $150M. Shares -4%. Outlook: Based on the current market assessment and business outlook, the Company is establishing its initial EPS guidance for 2022 at a range of $1.15 to $1...

Strong Civil segment operating margin of 12.7% for 2021, the highest annual Civil segment margin since 2014 Diluted earnings per share (“EPS”) of $1.79 in 2021, in line with revised guidance Backlog of $8.2 billion at year-end 2021 compared to $8.3 bill...

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, February 24, 2022, to discuss the Company's fourth quarter and full ...

Tutor Perini (NYSE:TPC) subsidiary, Black Micro Construction has been awarded a firm fixed-price contract valued at $161.8M by the Naval Facilities Engineering Systems Command, Pacific Division. The contract is for site development and construction of an aircraft parking apron and taxiwa...