Tutor Perini (TPC) Scheduled to Post Quarterly Earnings on Thursday

Tutor Perini (NYSE:TPC) is set to issue its quarterly earnings data after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of ($0.18) per share for the quarter. Tutor Perini has set its FY 2024 guidance at 0.850-1.100 EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

Tutor Perini (NYSE:TPC) last posted its quarterly earnings data on Wednesday, February 28th. The construction company reported ($0.91) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.98). Tutor Perini had a negative return on equity of 12.73% and a negative net margin of 4.41%. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $951.50 million. On average, analysts expect Tutor Perini to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Tutor Perini Trading Up 3.4 %

NYSE:TPC opened at $13.98 on Wednesday. Tutor Perini has a one year low of $4.90 and a one year high of $16.33. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.66 and a quick ratio of 1.66. The company’s 50-day simple moving average is $12.55 and its 200 day simple moving average is $9.78.

Insiders Place Their Bets

In other Tutor Perini news, President Gary G. Smalley sold 20,303 shares of Tutor Perini stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $12.40, for a total value of $251,757.20. Following the completion of the transaction, the president now directly owns 160,507 shares of the company’s stock, valued at $1,990,286.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Tutor Perini news, President Gary G. Smalley sold 27,958 shares of Tutor Perini stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $12.86, for a total value of $359,539.88. Following the completion of the transaction, the president now directly owns 112,245 shares of the company’s stock, valued at $1,443,470.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Gary G. Smalley sold 20,303 shares of Tutor Perini stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $12.40, for a total transaction of $251,757.20. Following the completion of the transaction, the president now directly owns 160,507 shares of the company’s stock, valued at $1,990,286.80. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 64,201 shares of company stock valued at $822,980. Insiders own 19.50% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Tutor Perini from a “buy” rating to a “hold” rating in a research note on Saturday, March 30th.

Tutor Perini Company Profile

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally. It operates through three segments: Civil, Building, and Specialty Contractors.