Tutor Perini Q2 EPS $(0.72) Misses $(0.04) Estimate, Sales $1.02B Beat $856.91M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tutor Perini (NYSE:TPC) reported Q2 losses of $(0.72) per share, missing the analyst consensus estimate of $(0.04) by 1700 percent. However, the company reported quarterly sales of $1.02 billion, beating the analyst consensus estimate of $856.91 million by 19.24 percent.
August 04, 2023 | 2:20 pm
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Tutor Perini's Q2 earnings per share missed estimates significantly, but sales exceeded expectations.
Tutor Perini's earnings per share missed estimates by a large margin, which could negatively impact investor sentiment and the stock price. However, the company's sales exceeded estimates, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100