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Stock impact report

Strong Results Drive Capital Return Shift at Tutor Perini (TPC) [Yahoo! Finance]

Tutor Perini Corporation (TPC) 
Last tutor perini corporation earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On November 18, Tutor Perini Corporation (NYSE:TPC) announced that strong third-quarter and year-to-date 2025 results prompted its Board of Directors to take action on capital returns. Year to date, operating cash flow reached a record $574.4 million, with $289.1 million generated in the third quarter alone. Backlog also hit a new high at $21.6 billion. Against that backdrop, the board declared a quarterly cash dividend of $0.06 per share and approved a $200 million share repurchase program. Gary Smalley, chief executive officer and president of Tutor Perini, said operations have been running at a very high level. That performance led management to raise its 2025 earnings guidance for the third consecutive quarter. He pointed to strength across key operating metrics, especially the surge in operating cash flow and the record construction backlog that continues to support future results. Smalley said the board views the current momentum as the right moment to reinforce the company Show less Read more
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