Tutor Perini Q2 FY26 EPS rises to $1.23; revenue increases 19% to $1.64 billion - TPC News | RalliesTutor Perini Q2 FY26 EPS rises to $1.23; revenue increases 19% to $1.64 billion
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TPC• Quarterly results and guidance
- Tutor Perini posted Q2 2026 net income attributable to shareholders of $65.7 million, with diluted EPS of $1.23, up 224% year over year.
- Revenue rose 19% from a year earlier to a record $1.6 billion, while income from construction operations climbed 54% to a record $117.7 million.
- Non-GAAP adjusted diluted EPS increased 23% to $1.74, helped by a $27.5 million year-over-year drop in share-based compensation expense.
- First-half operating cash flow increased 17% to a record $334.1 million, while backlog edged up versus Q1 to $19.9 billion.
- Adjusted EPS guidance for 2026 was raised to $5.15-$5.45, while the quarterly dividend was lifted 50% to $0.09 per share.