Overview
- Tutor Perini stock lost about 7.5% in early Friday trading following its quarterly report.
- The company posted Q4 profit of $28.8 million, equal to $0.54 per share on a GAAP basis, with adjusted earnings of $1.07 per share.
- Fourth-quarter revenue was $1.51 billion, topping analysts’ expectations that had called for $1.35 billion and $0.62 in EPS.
- For the full year, the company reported profit of $80.4 million with revenue of $5.54 billion.
- Management projected 2026 non-GAAP earnings of $4.90 to $5.30 per share, a range that Yahoo Finance’s report said was above the $4.82 Wall Street estimate.