Tutor Perini slips after Q1 results show lower GAAP EPS despite revenue jump
TPC•Tutor Perini shares fell as investors digested its first-quarter 2026 report showing GAAP EPS of $0.48 versus $0.53 a year ago, despite revenue rising 11% to $1.4 billion and adjusted EPS increasing to $1.03. The company affirmed 2026 adjusted EPS guidance of $4.90–$5.30 and declared a $0.06 quarterly dividend payable June 4, 2026.
1. What’s moving the stock
Tutor Perini (TPC) traded lower Wednesday after releasing first-quarter 2026 results and reiterating full-year guidance. While the company posted strong operating cash flow and double-digit revenue growth, investors focused on the year-over-year decline in GAAP diluted EPS to $0.48 from $0.53, creating a mixed headline outcome that weighed on the shares. (investors.tutorperini.com)
