The earnings call conveyed a strong positive sentiment with significant growth in revenue, operating income, and backlog, alongside substantial debt reduction and an increase in EPS guidance. Some challenges remain in the Building and Specialty Contractors segments, but overall, the outlook remains highly optimistic.

Company Guidance -

Q2 2025

During the first quarter of 2025, Tutor Perini Corporation reported a 19% year-over-year revenue increase to $1.25 billion, with operating income up 34% to $65 million. Earnings per share rose by 77% to $0.53, and the company's backlog reached a record $19.4 billion, a 94% increase. Operating cash flow was $23 million, marking the third-best first quarter cash flow in the company's history. The company's book-to-burn ratio was a strong 1.6x, with significant new awards, including a $1.18 billion tunnel project in New York. Consequently, the company raised its 2025 EPS guidance to $1.60-$1.95, up from $1.50-$1.90, while maintaining contingencies for potential project delays and disputes. Despite robust performance, the company does not anticipate major impacts from U.S. trade policies or federal spending programs, as most projects are state or locally funded. Looking ahead, Tutor Perini projects 2026-2027 earnings to more than double the increased 2025 EPS guidance.

Record Revenue Growth

First quarter revenue grew 19% year-over-year to $1.25 billion.

Significant Operating Income Increase

Operating income was up 34% to $65 million.

Earnings Per Share Surge

Earnings per share increased 77% to $0.53.

All-Time Record Backlog

Backlog grew 94% to a new all-time record of $19.4 billion.

Strong Operating Cash Flow

Operating cash flow was $23 million, the third best first quarter result ever.

Promising New Project Awards

Notable new project awards include the $1.18 billion Manhattan tunnel project and $241 million for the Apra Harbor Waterfront repairs.

Debt Reduction Achievement

Total debt was reduced 24% to $406 million.

Guidance Increase for 2025

EPS guidance for 2025 increased to the range of $1.60 to $1.95.

Tutor Perini (TPC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

TPC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 06, 2025	2025 (Q2)	0.34 / -	0.02	―	―	―
May 07, 2025	2025 (Q1)	0.09 / 0.53	0.3	76.67% (+0.23)	―
Feb 27, 2025	2024 (Q4)	0.10 / -1.51	-0.91	-65.93% (-0.60)	―
Nov 06, 2024	2024 (Q3)	-1.89 / -1.92	-0.71	-170.42% (-1.21)	―
Aug 01, 2024	2024 (Q2)	0.17 / 0.02	-0.72	102.78% (+0.74)	―
Apr 25, 2024	2024 (Q1)	-0.17 / 0.30	-0.95	131.58% (+1.25)	―
Feb 28, 2024	2023 (Q4)	0.13 / -0.91	-1.8	49.44% (+0.89)	―
Nov 09, 2023	2023 (Q3)	0.07 / -0.71	-0.63	-12.70% (-0.08)	―
Aug 03, 2023	2023 (Q2)	-0.04 / -0.72	-1.23	41.46% (+0.51)	―
May 04, 2023	2023 (Q1)	<0.01 / -0.95	-0.42	-126.19% (-0.53)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TPC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 07, 2025	$23.63	$29.87	+26.41%
Feb 27, 2025	$21.87	$29.39	+34.39%
Nov 06, 2024	$30.28	$33.24	+9.78%
Aug 01, 2024	$23.72	$17.36	-26.81%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Tutor Perini Corp. (TPC) report earnings?

Tutor Perini Corp. (TPC) is schdueled to report earning on Aug 06, 2025, After Close (Confirmed).

What is Tutor Perini Corp. (TPC) earnings time?

Tutor Perini Corp. (TPC) earnings time is at Aug 06, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TPC EPS forecast?

TPC EPS forecast for the fiscal quarter 2025 (Q2) is 0.34.

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