Tutor Perini (TPC) Reports Q3 Loss, Lags Revenue Estimates
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Tutor Perini (TPC) reported a Q3 loss of $1.92 per share, missing the Zacks Consensus Estimate of a $1.78 loss. This is a significant increase from the $0.71 loss per share reported a year ago.
November 07, 2024 | 12:45 am
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Tutor Perini reported a larger-than-expected Q3 loss of $1.92 per share, missing the Zacks Consensus Estimate and showing a significant increase from the previous year's loss.
The reported loss per share of $1.92 is worse than the expected $1.78 loss, indicating underperformance. This, combined with a significant increase from last year's loss, suggests negative sentiment and potential downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100