Overview
Construction firm's Q4 revenue beat analyst expectations
Adjusted EPS for 2025 rose significantly from a loss in 2024
Company reduced total debt by 24% during 2025
Outlook
Tutor Perini expects 2026 adjusted EPS between $4.90 and $5.30
Company anticipates double-digit revenue growth in 2026
Tutor Perini does not expect significant impacts from federal budget or tariffs
Result Drivers
CASH FLOW IMPROVEMENT - Record operating cash flow of $748.1 mln in 2025, driven by strong collections and improved working capital management
SEGMENT GROWTH - Revenue growth in Civil, Building, and Specialty segments driven by increased project execution in Northeast, Hawaii, and Guam
PROFITABILITY RETURN - Income from construction operations rose due to higher-margin projects and absence of prior year's unfavorable adjustments
Company press release: ID:nBwbv7GsMa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $1.51 bln | $1.36 bln (4 Analysts) |
Q4 EPS | $0.54 | ||
Q4 Net Income | $34.40 mln | ||
Q4 Gross Profit | $147.72 mln | ||
Q4 Pretax Profit | $45.80 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction & engineering peer group is "buy"
Wall Street's median 12-month price target for Tutor Perini Corp is $90.00, about 4.5% above its February 25 closing price of $86.10
The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 20 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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