Tutor Perini Corp. (TPC) Scheduled to Post Quarterly Earnings on Monday
Tutor Perini Corp. (NYSE:TPC) will announce its earnings results on Monday, November 4th. Tutor Perini Corp. has set its FY13 guidance at $1.65-1.90 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.
Tutor Perini Corp. (NYSE:TPC) last announced its earnings results on Friday, August 9th. The company reported $0.32 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.37 by $0.05. The company had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter last year, the company posted $0.16 earnings per share. Tutor Perini Corp.’s revenue was up 6.9% compared to the same quarter last year. On average, analysts expect Tutor Perini Corp. to post $1.80 EPS for the current fiscal year and $2.43 EPS for the next fiscal year.
Tutor Perini Corp. (NYSE:TPC) opened at 22.95 on Friday. Tutor Perini Corp. has a 1-year low of $10.34 and a 1-year high of $21.34. The stock’s 50-day moving average is $21.54 and its 200-day moving average is $19.16. The company has a market cap of $1.099 billion and a P/E ratio of 9.82.
TPC has been the subject of a number of recent research reports. Analysts at FBR & Co. initiated coverage on shares of Tutor Perini Corp. in a research note to investors on Wednesday, September 11th. They set an “outperform” rating on the stock. On the ratings front, analysts at FBR Capital Markets initiated coverage on shares of Tutor Perini Corp. in a research note to investors on Tuesday, September 10th. They set an “outperform” rating and a $28.00 price target on the stock. Finally, analysts at UBS AG raised their price target on shares of Tutor Perini Corp. from $21.00 to $25.00 in a research note to investors on Thursday, August 22nd. They now have a “buy” rating on the stock. Five research analysts have rated the stock with a buy rating, Tutor Perini Corp. presently has a consensus rating of “Buy” and an average target price of $24.33.
Tutor Perini Corporation (NYSE:TPC) is a construction company offering general contracting, construction management and design-build services to private clients and public agencies worldwide.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.