secwatch.observer — SEC 8-K summary
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Issuer:     TUTOR PERINI CORP (TPC)
CIK:        0000077543
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0000077543-21-000089
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tutor Perini Q3 EPS $0.30 vs $0.72; revenue down to $1.2B; backlog rises to $8.4B
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- Diluted EPS of $0.30 vs $0.72 in Q3 2020; net income $15.4M vs $36.8M.
- Revenue $1.2B, down from $1.4B YoY, driven by lower Building segment activity.
- Backlog surged to $8.4B from $7.5B at June 30, on $2.1B new awards.
- Major awards: Cedars-Sinai hospital, $471M LAX Metro Connector, $220M I-70 bridge, Guam projects.
- 2021 EPS guidance lowered to $1.70–$1.85; management cites strong pipeline including JFK Terminal One.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77543/000007754321000089/0000077543-21-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77543/000007754321000089/tpc-20211103.htm
  HTML page:      https://secwatch.observer/filing/0000077543-21-000089

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer