Tutor Perini Corp is a leading construction firm that specializes in various sectors including civil, building, and specialty contracting. The company is involved in a broad range of projects, from large-scale infrastructure developments such as highways, bridges, and airports to commercial and residential construction. Tutor Perini is known for its ability to deliver complex projects on time and within budget, leveraging its expertise in project management, engineering, and innovative construction techniques. Additionally, the company is committed to sustainability and safety in its operations, ensuring that it meets the needs of its clients while also contributing positively to the environment and communities it serves. Read More
The US market is yet to commence its session on Thursday, but let's get a preview of the pre-market session and explore the top gainers and losers driving the early market movements.
General contracting company Tutor Perini (NYSE:TPC) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 21.8% year on year to $1.37 billion. Its non-GAAP profit of $1.41 per share was significantly above analysts’ consensus estimates.
Let's have a look at what is happening on the US markets after the closing bell on Wednesday. Below you can find the top gainers and losers in today's after hours session.
Tutor Perini Corporation (the "Company") (NYSE: TPC), a leading civil, building and specialty construction company, today reported strong results for the second quarter of 2025 (see attached tables).
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, August 6, 2025, to discuss the Company's second quarter 2025 results.
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. (PMSI), is underway with work on two new projects that were awarded earlier this year:
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how construction and maintenance services stocks fared in Q1, starting with Limbach (NASDAQ:LMB).
Great things are happening to the stocks in this article.
They’re all outperforming the market over the last month because of positive catalysts such as a new product line, constructive news flow, or even a loyal Reddit fanbase.
As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the construction and maintenance services industry, including Tutor Perini (NYSE:TPC) and its peers.
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Tutor Perini Building Corp., has been awarded a contract by the Tule River Gaming Authority valued at approximately $220 million for the Eagle Mountain Casino Phase 2 Expansion. The project is located in Porterville, California. The scope of work includes construction of a new 193-room tower with a rooftop restaurant, a central warehouse and offices, expansion of an existing restaurant, a new 2,000-seat events center with convention space, breakout meeting rooms, pre-function space, and new hotel amenities, including a new spa, arcade and resort pool.
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that the Port Authority of New York and New Jersey’s Board of Commissioners has voted to authorize the award of a $1.871 billion contract to Tutor Perini Corporation to construct the Staging and Storage Facility and Ramp Structure components of the Midtown Bus Terminal Redevelopment Program in New York City. The scope of work includes construction of a new modern seven-floor steel-clad storage and staging facility located between 9th and 10th Avenues and between West 39th and West 40th Streets, which will accommodate indoor storage for up to 350 buses and will serve as a temporary bus terminal during future construction of a new main bus terminal. The project scope also includes construction of an innovative ramp structure encompassing the block bounded by 10th and 11th Avenues and 39th and 40th Streets, which will allow buses to move into and out of the above-grade bus levels of the replacement facility to and from the Lincoln Tunnel.
While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns.
Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that Leonard Kaae has been recently promoted to President of Black Construction Corporation (“Black Construction”), the Company’s Guam-based subsidiary. Mr. Kaae has worked for Black Construction for more than 40 years, most recently leading the firm’s operations and its approximately 2,000 employees as Senior Vice President and General Manager. Under Mr. Kaae’s leadership, Black Construction has grown to be the largest general contractor in Guam and the second-largest employer on the island (behind the U.S. federal government). Black Construction has consistently been one of Tutor Perini’s most successful and profitable business units, with a record backlog and a large pipeline of bidding opportunities that are expected to increase over the next decade as the U.S. government prioritizes funding for the Pacific Deterrence Initiative and other strategic infrastructure investments in Guam and throughout the Indo-Pacific region.
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 project valued at approximately $34 million to construct four bridges and 14 cast-in-place retaining walls along Highway 169 in Jordan, Minnesota.
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn
as the industry has shed 6.9% over the past six months. This performance was worse than the S&P 500’s 1.6% decline.
