Tutor Perini: Q1 Earnings Insights

Tutor Perini TPC reported its Q1 earnings results on Thursday, May 4, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Tutor Perini missed estimated earnings by 2275.0%, reporting an EPS of $-0.95 versus an estimate of $-0.04.

Revenue was down $175.85 million from the same period last year.

Last quarter the company missed on EPS by $1.81 which was followed by a 14.09% drop in the share price the next day.

Here's a look at Tutor Perini's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.01	0.11	0.42
EPS Actual	-1.80	-0.63	-1.23	-0.42
Revenue Estimate	976.17M	953.45M	1.13B	1.09B
Revenue Actual	906.65M	1.07B	861.03M	952.15M

To track all earnings releases for Tutor Perini visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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