Tutor Perini Rises 2.3% to $86, Posts 13.2% Monthly Gain
Shares of Tutor Perini rose 2.3% to $86.00, outperforming both the 7.5% monthly gain in the Construction sector and the index. The company is expected to report Q1 EPS of $0.92 (up 160.9%) on $1.28 billion revenue (+19.9%) with full-year EPS set at $4.01 on $5.32 billion revenue.
1. Stock Performance
Tutor Perini shares climbed 2.3% to close at $86.00, outpacing a 0.33% drop in the S&P 500 and a 0.59% decline in the Nasdaq. Over the past month, the stock has surged 13.23%, well above the Construction sector’s 7.5% advance and the broader market’s flat return.
2. Quarterly and Annual Outlook
Analysts anticipate Q1 EPS of $0.92, representing a 160.93% increase year-over-year, on revenue of $1.28 billion, up 19.85%. Full-year consensus calls for $4.01 per share in earnings (+228.12%) on $5.32 billion in revenue (+22.84%).
3. Valuation and Analyst Sentiment
The company trades at a forward P/E of 17.81, below the industry average of 27.66. Tutor Perini holds a mid-range Zacks Rank of #3 (Hold), reflecting unchanged near-term EPS estimates over the past 30 days.