Tutor Perini Reports Second Quarter 2022 Results
Tutor Perini Corporation (TPC)
Last tutor perini corporation earnings: 2/26 04:15 pm
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US:NYSE Investor Relations:
investors.tutorperini.com/investor-overview/default.aspx
Company Research
Source: Business Wire
Strong operating cash flow of $58.0 million in Q2 2022 compared to usage of $84.6 million in Q2 2021Record year-to-date operating cash flow of $178.7 million, the largest result for the first six months of any year since the merger between Tutor-Saliba Corporation and Perini Corporation in 2008Backlog increased 14% year-over-year to $8.5 billion compared to $7.5 billion at Q2 2021Anticipate improved operating cash generation for the remainder of 2022 compared to the second half of 2021 LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the second quarter of 2022. Revenue was $0.9 billion compared to $1.2 billion for the second quarter of last year. The decrease was primarily due to reduced project execution activities on various projects in all three segments, most of which are completed or nearing completion, partially offset by increased activities on certain
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TPC
News
- Tutor Perini Co. (NYSE: TPC) had its price target lowered by analysts at DA Davidson to $14.00.MarketBeat
- Tutor Perini Shares Down Almost 19% Following Earnings Miss, Suspended Guidance [MarketWatch]MarketWatch
- Tutor Perini Announces Conference Call to Discuss Second Quarter 2022 ResultsBusiness Wire
- Tutor Perini Announces Apparent Low Bid for the $519 Million Raritan River Bridge Replacement ProjectBusiness Wire
- Perini Management Services, Inc. Awarded $85 Million U.S. Coast Guard Family Housing Project In Kodiak, AK [TheStreet.com]TheStreet.com
TPC
Earnings
- 8/5/22 - Miss
TPC
Sec Filings
- 8/5/22 - Form 8-K
- 8/5/22 - Form 10-Q
- 6/8/22 - Form 4
- TPC's page on the SEC website