Welcome to our dedicated page for Tutor Perini news (Ticker: TPC), a resource for investors and traders seeking the latest updates and insights on Tutor Perini stock.
Tutor Perini Corporation (TPC) is a leading construction services provider specializing in complex infrastructure and building projects. This page serves as the definitive source for official company announcements, financial updates, and operational developments.
Key resources include: Quarterly earnings reports, project award notices, regulatory filings, and leadership updates. Investors and industry professionals can monitor progress on major civil infrastructure initiatives, building segment contracts, and specialty construction milestones.
The curated news archive enables tracking of TPC's strategic positioning in markets including transportation, water infrastructure, and specialized facilities construction. Content is updated press releases and verified financial disclosures, maintaining compliance with SEC regulations.
Bookmark this page for direct access to TPC's corporate communications, including contract awards from government agencies and private sector partners. Regular updates provide insights into the company's project pipeline and operational health.
Tutor Perini (NYSE:TPC) reported exceptional Q2 2025 results with significant growth across all metrics. Revenue increased 22% year-over-year to $1.37 billion, while income from construction operations surged 89% to $76.4 million. The company achieved record Q2 operating cash flow of $262.4 million and set a new backlog record of $21.1 billion, up 102% year-over-year.
The company raised its 2025 guidance, now expecting GAAP EPS of $1.70-$2.00 (up from $1.60-$1.95) and Adjusted EPS of $3.65-$3.95 (up from $2.45-$2.80). Both GAAP and Adjusted EPS for 2026 and 2027 are expected to exceed the upper end of 2025 guidance. Notable Q2 awards included the $1.87 billion Midtown Bus Terminal Replacement project in New York and a $538 million healthcare project in California.
Tutor Perini (NYSE: TPC), a leading civil, building and specialty construction company, will host a conference call to discuss its second quarter 2025 results on Wednesday, August 6, 2025, at 2:00 PM Pacific Time.
Key executives participating in the call include CEO and President Gary Smalley, CFO Ryan Soroka, and Executive Chairman Ronald Tutor. The earnings announcement will be released after market close on the same day.
Investors can join via phone (877-407-8293 for domestic, +1-201-689-8349 for international) or access the live webcast through the company's website at www.tutorperini.com.
Tutor Perini Corporation (NYSE: TPC) has announced that its subsidiary, Perini Management Services, is executing two new government contracts with a combined value of $48.9 million.
The first project, valued at $28.4 million, involves barrier system repairs at RAF Lakenheath in the UK for the US Air Force, including security fencing, gates, and surveillance infrastructure, with completion expected in fall 2026. The second project, worth $20.5 million, is a design-build contract for the US Coast Guard in Puerto Rico, focusing on infrastructure improvements at Rio Bayamon Housing, with completion scheduled for spring 2027.
Tutor Perini Corporation (NYSE: TPC) has secured a significant $220 million contract through its subsidiary, Tutor Perini Building Corp., for the Eagle Mountain Casino Phase 2 Expansion project in Porterville, California. The contract was awarded by the Tule River Gaming Authority.
The expansion project encompasses the construction of a 193-room tower featuring a rooftop restaurant, central warehouse and offices, and a 2,000-seat events center with convention space. Additional amenities include breakout meeting rooms, pre-function space, a spa, arcade, and resort pool, along with the expansion of an existing restaurant.
Construction is scheduled to begin in summer 2025, with substantial completion expected in 2027. The contract value will be added incrementally to the company's backlog, starting with the preconstruction phase booked in Q2 2025, with subsequent construction phases to be awarded later in the year.
Tutor Perini Corporation (NYSE: TPC) has been selected for a $1.871 billion contract by the Port Authority of New York and New Jersey to construct key components of the Midtown Bus Terminal Redevelopment Program in New York City.
The project scope includes building a modern seven-floor steel-clad storage and staging facility between 9th and 10th Avenues that will accommodate up to 350 buses. Additionally, the company will construct an innovative ramp structure between 10th and 11th Avenues to connect the Lincoln Tunnel with the bus terminal's above-grade levels.
Construction is scheduled to begin in fall 2025 with completion expected in fall 2028. The contract value will be added to Tutor Perini's backlog in the second quarter of 2025.
Tutor Perini Corporation (NYSE: TPC) announced that its subsidiary, Fisk Electric Company, has secured an electrical services contract for the Cook Children's Medical Center West Tower project in Fort Worth, Texas. The project scope encompasses electrical system design and installation for multiple facilities:
- A 763,000-square-foot hospital tower
- South utility plant expansion with 10,000 kW generation capacity
- 305,000-square-foot garage with data center
- 25,000-square-foot child daycare center
Work has already begun with completion expected in September 2030. The contract value, while undisclosed, has been added to TPC's Q1 2025 backlog.