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Tutor Perini Corp. (TPC)
NYSE:TPC
Earnings Data
Report Date
Nov 05, 2025After Close (Confirmed)
Period Ending
2025 (Q3)Consensus EPS Forecast
0.6Last Year’s EPS
-1.92Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call for Tutor Perini Corporation Q2 2025 was overwhelmingly positive, with numerous record-breaking metrics including operating cash flow, backlog, and revenue growth. The company increased its EPS guidance and demonstrated strong project execution and debt reduction. However, there were some challenges with increased share-based compensation expenses affecting earnings volatility, a loss in the Specialty Contractors segment, and a higher effective tax rate. Overall, the highlights significantly outweigh the lowlights.Company Guidance -
Q3 2025
Record Operating Cash Flow
Operating cash flow for Q2 2025 was extraordinarily strong at $262 million, setting a new record for the period. Cumulative cash flow for the first 6 months of 2025 was $285 million, also a record.
All-Time High Backlog
The company's backlog reached a new all-time record of $21.1 billion, up 102% year-over-year and 9% sequentially, driven by $3.1 billion of new awards.
Revenue Growth
Second quarter revenue was up 22% from last year to $1.37 billion, marking the highest quarterly revenue since 2009.
Increased Operating Income
Operating income was up 89% to $76 million, with strong contributions from higher-margin projects in the Civil and Building segments.
Improved EPS Guidance
GAAP EPS for 2025 is now expected to be in the range of $1.70 to $2.00, up from the previous guidance of $1.60 to $1.95. Adjusted EPS for 2025 is expected to range between $3.65 and $3.95.
Successful Project Execution
Major projects such as the Brooklyn Jail, Honolulu Rail project, and the Manhattan tunnel are ramping up, contributing to strong revenue and profit.
Debt Reduction Achievement
Total debt as of June 30, 2025, was $419 million, down 21% compared to $534 million at the end of 2024, making cash exceed total debt for the first time since 2010.
Strong Prospects for Future Projects
The bidding pipeline remains full with key projects in the West Coast, Midwest, and Indo-Pacific region, including the $12 billion Sepulveda Transit Corridor.
TPC Earnings History
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 |
|---|---|---|---|
Aug 06, 2025 | $47.28 | $55.07 | +16.48% |
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% |
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 Nov 05, 2025, After Close (Confirmed).
What is Tutor Perini Corp. (TPC) earnings time?
Tutor Perini Corp. (TPC) earnings time is at Nov 05, 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 (Q3) is 0.6.