Tutor Perini Corporation (NYSE:TPC) issued an update on its FY17 earnings guidance on Monday morning. The company provided EPS guidance of $2.10 – $2.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.29. The company issued revenue guidance of at least $5.50 billion, compared to the consensus revenue estimate of $5.45 billion.

Tutor Perini Corporation (NYSE:TPC) traded down 0.38% during mid-day trading on Monday, hitting $26.15. The stock had a trading volume of 518,431 shares. Tutor Perini Corporation has a one year low of $18.05 and a one year high of $33.00. The company has a 50 day moving average price of $27.81 and a 200 day moving average price of $28.98. The stock has a market cap of $1.30 billion, a P/E ratio of 13.95 and a beta of 2.42.

Several equities analysts have recently commented on TPC shares. Zacks Investment Research raised shares of Tutor Perini Corporation from a hold rating to a buy rating and set a $32.00 price target on the stock in a research report on Wednesday, July 5th. BidaskClub raised shares of Tutor Perini Corporation from a sell rating to a hold rating in a research report on Thursday, July 6th. Finally, Canaccord Genuity reaffirmed a buy rating on shares of Tutor Perini Corporation in a research report on Friday, June 23rd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of $31.29.

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About Tutor Perini Corporation

Tutor Perini Corporation is a construction company offering general contracting, construction management and design-build services to private customers and public agencies across the world. The Company operates through three segments: Civil, Building and Specialty Contractors. Its Civil segment specializes in public works construction and the repair, replacement and reconstruction of infrastructure across various geographic regions of the United States.

Earnings History and Estimates for Tutor Perini Corporation (NYSE:TPC)

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