Tutor Perini Corporation (NYSE:TPC) is reporting third quarter financial results on Wednesday 4th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, TPC is expected to report 3Q20 income of $ 0.65 per share from revenue of $ 1328.63 million.
For the full year, analysts anticipate top line of $ 5220.83 million, while looking forward to income of $ 1.99 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.80 ~ $ 2.10 per share
Click Here For More Historical Outlooks Of Tutor Perini Corporation
Previous Quarter Performance
Tutor Perini Corporation unveiled income for the second quarter of $ 0.37 per share, from the revenue of $ 1,276.00 million. Street analysts expected Tutor Perini Corporation to report income of $ 0.41 per share on revenue of $ 1240.00 million for the second quarter. The bottom line results missed street analysts by $ 0.04 or 9.76 percent, at the same time, top line results outshined analysts by $ 36.00 million or 2.90 percent.
Stock Performance
Shares of Tutor Perini Corporation traded up $ 0.74 or 5.36 percent on Tuesday, reaching $ 14.55 with volume of 378.50 thousand shares. Tutor Perini Corporation has traded high as $ 14.64 and has cracked $ 14.14 on the downward trend
According to the previous trading day, closing price of $ 14.55, representing a 429.12 % increase from the 52 week low of $ 2.61 and a 29.11 % decrease over the 52 week high of $ 19.48.
The company has a market capital of $ 738.72 million and is part of the Industrials sector and Engineering & Construction industry.
Conference Call
Tutor Perini Corporation will be hosting a conference call at 5:00 PM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.tutorperini.com
Tutor Perini Corporation, a construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide. The company operates through three segments: Civil, Building, and Specialty Contractors. The Civil segment engages in the public works construction, replacement, and reconstruction of infrastructure, including highways, bridges, tunnels, mass-transit systems, and water management and wastewater treatment facilities.
