Tutor Perini raises FY25 adjusted EPS view to $3.65-$3.95, consensus $1.81

Previous view $2.45-$2.80. Based on the Company’s year-to-date results in 2025 and management’s increased confidence in its performance trajectory for the remainder of the year, the Company is now providing 2025 GAAP EPS guidance in the range of $1.70 to $2.00, up from $1.60 to $1.95, with corresponding 2025 Adjusted EPS expected in the range of $3.65 to $3.95, a significant increase compared to what would have been the prior Adjusted EPS guidance range of $2.45 to $2.80 had the Company provided Adjusted EPS guidance previously. The Company’s increased guidance continues to factor in a significant amount of contingency for various unknown or unexpected outcomes and developments in 2025. Based on its current projections, the Company expects that both GAAP EPS and Adjusted EPS for 2026 and 2027 will be higher than the upper end of its increased 2025 guidance.