B. Riley Weighs in on Tutor Perini’s Q1 Earnings (NYSE:TPC)

Tutor Perini Co. (NYSE:TPC) – Analysts at B. Riley issued their Q1 2025 earnings per share estimates for Tutor Perini in a research report issued to clients and investors on Tuesday, March 18th. B. Riley analyst L. Burke forecasts that the construction company will post earnings of $0.06 per share for the quarter. B. Riley currently 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.

TPC has been the subject of several other research reports. StockNews.com downgraded Tutor Perini from a “buy” rating to a “hold” rating in a research report on Tuesday, January 28th. Vertical Research initiated coverage on Tutor Perini in a research note on Tuesday, December 10th. They set a “buy” rating and a $38.00 price objective for the company.

Tutor Perini Stock Up 2.5 %

Shares of TPC opened at $25.76 on Thursday. 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 company has a 50-day moving average price of $24.25 and a two-hundred day moving average price of $25.58. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of -10.26 and a beta of 1.73. Tutor Perini has a 12 month low of $12.97 and a 12 month high of $34.55.

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

Institutional Trading of Tutor Perini

Several large investors have recently made changes to their positions in the business. Fred Alger Management LLC acquired a new position in Tutor Perini during the 3rd quarter worth about $16,034,000. Boston Partners lifted its position in shares of Tutor Perini by 1,801.4% during the fourth quarter. Boston Partners now owns 605,450 shares of the construction company’s stock worth $14,666,000 after purchasing an additional 573,608 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Tutor Perini by 611.0% during the third quarter. JPMorgan Chase & Co. now owns 536,384 shares of the construction company’s stock valued at $14,568,000 after purchasing an additional 460,945 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in shares of Tutor Perini by 129.4% in the third quarter. Jacobs Levy Equity Management Inc. now owns 783,396 shares of the construction company’s stock valued at $21,277,000 after purchasing an additional 441,858 shares in the last quarter. Finally, First Trust Advisors LP raised its position in Tutor Perini by 74.6% in the 4th quarter. First Trust Advisors LP now owns 938,478 shares of the construction company’s stock worth $22,711,000 after purchasing an additional 401,117 shares during the last quarter. Institutional investors own 65.01% of the company’s stock.

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.