B. Riley Forecasts Tutor Perini’s Q1 Earnings (NYSE:TPC)

Tutor Perini Co. (NYSE:TPC) – Equities research analysts at B. Riley issued their Q1 2025 earnings per share estimates for shares of Tutor Perini in a report released on Tuesday, March 18th. B. Riley analyst L. Burke forecasts that the construction company will earn $0.06 per share for the quarter. B. Riley has a “Strong-Buy” rating on the stock. B. Riley also issued estimates for Tutor Perini’s Q2 2025 earnings at $0.32 EPS, Q3 2025 earnings at $0.48 EPS, Q4 2025 earnings at $0.67 EPS and FY2026 earnings at $2.79 EPS.

Tutor Perini (NYSE:TPC) last released its quarterly earnings results on Thursday, February 27th. The construction company reported ($1.51) EPS for the quarter, missing the consensus estimate of $0.29 by ($1.80). The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.08 billion. Tutor Perini had a negative net margin of 3.08% and a negative return on equity of 9.56%. During the same quarter in the prior year, the business posted ($0.91) EPS.

A number of other equities research analysts have also recently issued reports on TPC. Vertical Research began coverage on shares of Tutor Perini in a research note on Tuesday, December 10th. They issued a “buy” rating and a $38.00 price target on the stock. StockNews.com cut shares of Tutor Perini from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th.

Tutor Perini Price Performance

Shares of Tutor Perini stock opened at $24.54 on Thursday. The firm has a market cap of $1.29 billion, a PE ratio of -9.78 and a beta of 1.73. Tutor Perini has a twelve month low of $13.15 and a twelve month high of $34.55. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.53. The business has a 50-day moving average price of $24.29 and a 200 day moving average price of $25.58.

Institutional Investors Weigh In On Tutor Perini

A number of large investors have recently made changes to their positions in TPC. Donald Smith & CO. Inc. boosted its holdings in Tutor Perini by 5.5% in the 4th quarter. Donald Smith & CO. Inc. now owns 3,450,257 shares of the construction company’s stock valued at $83,496,000 after purchasing an additional 179,819 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Tutor Perini by 6.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,825,350 shares of the construction company’s stock valued at $68,373,000 after purchasing an additional 170,440 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Tutor Perini by 5.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,726,545 shares of the construction company’s stock valued at $65,982,000 after purchasing an additional 148,425 shares during the last quarter. Fred Alger Management LLC increased its position in shares of Tutor Perini by 91.9% during the 4th quarter. Fred Alger Management LLC now owns 1,133,014 shares of the construction company’s stock worth $27,419,000 after purchasing an additional 542,647 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in Tutor Perini by 3.9% in the third quarter. Geode Capital Management LLC now owns 1,023,198 shares of the construction company’s stock valued at $27,795,000 after buying an additional 38,458 shares during the last quarter. 65.01% of the stock is currently owned by hedge funds and other institutional investors.

About Tutor Perini

Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies in the United States and internationally. It operates through three segments: Civil, Building, and Specialty Contractors.