Tutor Perini Reports Fourth Quarter and Full Year 2018 Results
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Tutor Perini (TPC) Tops Q4 EPS by 19c, Revenues Miss; Offers FY19 EPS Mid-Point Guidance Below Consensus
February 27, 2019 4:17 PM ESTTutor Perini (NYSE: TPC) reported Q4 EPS of $0.98, $0.19 better than the analyst estimate of $0.79. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.37 billion.
Diluted earnings per share (EPS) of $0.98 for Q4 2018 and $1.66 for FY18Strong Q4 operating margins across all segmentsRecord backlog of $9.3 billion, up 28% Y/Y, with double-digit Y/Y backlog growth across all... More