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Shares of Tutor Perini (NYSE:TPC) were flat in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share rose 89.47% year over year to $0.72, which beat the estimate of $0.65.
Revenue of $1,442,000,000 higher by 21.28% year over year, which beat the estimate of $1,330,000,000.
Looking Ahead
Tutor Perini hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Recent Stock Performance
52-week high: $19.48
Company's 52-week low was at $2.61
Price action over last quarter: Up 11.12%
Company Overview
Tutor Perini Corp offers general contracting, construction management, and design-build services to private and public customers. The company constructs and repairs transportation infrastructure, water-treatment facilities, and a wide range of buildings. It plans and schedules the manpower, equipment, materials, and subcontractors required for a project. Tutor Perini has three operating segments: civil, building, and specialty contractors and generates majority revenue from civil segment. The company offers self-performed construction services, including site work, concrete forming, steel erection, electrical, mechanical, and heating, ventilation, and air conditioning, or HVAC. The majority of its total revenue is derived from the United States.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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