Tutor Perini (NYSE:TPC - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of ($1.78) per share for the quarter.
Tutor Perini (NYSE:TPC - Get Free Report) last announced its earnings results on Thursday, August 1st. The construction company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.15). Tutor Perini had a negative net margin of 1.59% and a negative return on equity of 4.49%. The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same quarter last year, the business earned ($0.72) earnings per share. Tutor Perini's revenue was up 10.4% on a year-over-year basis. On average, analysts expect Tutor Perini to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Tutor Perini Stock Performance
Shares of Tutor Perini stock traded down $0.29 during trading on Thursday, hitting $26.25. 164,542 shares of the company's stock were exchanged, compared to its average volume of 445,336. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.65 and a current ratio of 1.65. The business has a 50-day simple moving average of $25.30 and a 200-day simple moving average of $22.09. Tutor Perini has a 52-week low of $6.86 and a 52-week high of $30.99. The stock has a market capitalization of $1.37 billion, a price-to-earnings ratio of -12.97 and a beta of 1.50.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on TPC. StockNews.com cut shares of Tutor Perini from a "buy" rating to a "hold" rating in a report on Thursday, October 24th. UBS Group lifted their price objective on shares of Tutor Perini from $27.00 to $39.00 and gave the company a "buy" rating in a report on Wednesday, October 23rd.
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Tutor Perini Company Profile
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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.
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