Tutor Perini Q1 2024 GAAP EPS $0.30 Beats $(0.17) Estimate, Sales $1.048B Beat $874.630M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tutor Perini (NYSE:TPC) reported Q1 2024 earnings of $0.30 per share, surpassing the $(0.17) estimate, with sales of $1.048B exceeding the $874.630M forecast. This represents a 35.00% increase in sales compared to the same period last year.

April 25, 2024 | 8:58 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Tutor Perini reported a significant beat on both earnings and sales estimates for Q1 2024, with earnings of $0.30 per share and sales of $1.048 billion.
Tutor Perini's Q1 2024 earnings and sales significantly exceeded analyst expectations, which is likely to positively impact investor sentiment and the stock price in the short term. The substantial beat on both the top and bottom lines, coupled with a 35% increase in sales year-over-year, indicates strong operational performance and could lead to upward revisions in future earnings estimates and analyst ratings.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100