Shares of general contracting company Tutor Perini (NYSE:TPC)
jumped 24.8% in the afternoon session after the company reported strong first quarter 2025 results which significantly beat analysts' EPS expectations and delivered revenue that outperformed Wall Street's estimates by a wide margin. Revenue increased 19% year over year to $1.25 billion, with growth recorded across all major business lines, driven by newer project starts and better backlog conversion. Zooming out, we think this was a good print with some key areas of upside.
General contracting company Tutor Perini (NYSE:TPC) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 18.8% year on year to $1.25 billion. Its GAAP profit of $0.53 per share was significantly above analysts’ consensus estimates.
Whether you see them or not, industrials businesses play a crucial part in our daily activities. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn
as the industry has shed 13.5% over the past six months. This drawdown was worse than the S&P 500’s 7.5% fall.
The low valuation multiples for value stocks provide a margin of safety that growth stocks rarely offer.
However, the challenge lies in determining whether these cheap assets are genuinely undervalued or simply on sale due to their potentially deteriorating business models.
Tutor Perini has gotten torched over the last six months - since October 2024, its stock price has dropped 23.4% to $20.26 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at construction and maintenance services stocks, starting with Tutor Perini (NYSE:TPC).
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
In this video lesson I review the day-one of a new rally attempt in the overall market, discuss my new swing trade in a cyber-security leader, and review my tier-one long-term portfolio purchases in my favorite leading stocks before the closing bell.
Shares of general contracting company Tutor Perini (NYSE:TPC)
jumped 31.2% in the afternoon session after the company reported impressive fourth-quarter results and provided optimistic full-year EPS guidance, which blew past analysts' expectations. On the other hand, its revenue and EPS missed expectations, as the quarter was impacted by ongoing legacy dispute resolutions, which weighed on profitability. Looking ahead, the company expects double-digit revenue growth in 2025 and strong profitability in 2026 and 2027, backed by a record backlog of $18.7 billion. Overall, this quarter was decent.
Wondering how the US markets performed in the middle of the day on Friday? Discover the movers and shakers of today's session in our comprehensive analysis.
General contracting company Tutor Perini (NYSE:TPC) missed Wall Street’s revenue expectations in Q4 CY2024 as sales rose 4.5% year on year to $1.07 billion. Its GAAP loss of $1.51 per share was significantly below analysts’ consensus estimates.
Commodity prices regularly swing 25-30% or more in any given year. When this happens, the financial health of these firms can get dicey very quickly, given the amount of capital investment it requires to run them.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the construction and maintenance services industry, including Construction Partners (NASDAQ:ROAD) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the construction and maintenance services industry, including Concrete Pumping (NASDAQ:BBCP) and its peers.
