Tutor Perini raises FY25 EPS view To $1.60-$1.95 from $1.50-$1.90

Consensus is $1.63. 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’s preliminary EPS estimates for 2026 and 2027 are more than double its EPS guidance for 2025. The company continues to see strong demand for its services, driven by well-funded state, local and federal customers that have numerous large-scale, high-priority infrastructure projects planned over the next several years, as well as by certain commercial customers that continue to advance projects for new or renovated buildings in end markets such as healthcare, education, and hospitality and gaming. Tutor Perini (TPC) does not currently anticipate any significant impact from recently imposed tariffs or the curtailment of federal funding programs, but continues to closely monitor these issues.