{"schema_version":"secwatch.filing_event.v1","accession":"0000077543-23-000022","form_type":"8-K","ticker":"TPC","cik":"0000077543","company_name":"TUTOR PERINI CORP","filed_at":"2023-03-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.070434+00:00","generated_at":"2026-06-18T02:37:06.146694+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Tutor Perini posts $210M net loss for 2022; revenue down 18% to $3.8B","bullets":["Net loss of $210M ($4.09 diluted loss per share) vs net income of $91.9M ($1.79) in 2021.","Record operating cash flow of $207M in 2022, highest since 2008 merger.","Backlog $7.9B; expects >$3B in new awards in 2023, initial EPS guidance $0.45-$0.65.","Business strategy changes: expediting dispute settlements and leadership changes at New York specialty unit WDF.","Revenue decline of 18% driven by lack of major new awards and project delays."],"urls":{"canonical":"https://secwatch.observer/filing/0000077543-23-000022","json":"https://secwatch.observer/filing/0000077543-23-000022.json","markdown":"https://secwatch.observer/filing/0000077543-23-000022.md","text":"https://secwatch.observer/filing/0000077543-23-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/77543/000007754323000022/0000077543-23-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/77543/000007754323000022/tpc-20230315.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T02:37:06.146694+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7cca872afb133b53c309c89c2fa39a332927b465","claim":"TUTOR PERINI CORP reported the quarter and year ended December 31, 2022 results: revenue $3.8 billion, net income $210.0 million, or a $4.09 diluted loss per share, EPS $4.09 diluted loss per share.","evidence_excerpt":"quarter and year ended December 31, 2022. The fourth quarter and year ended December 31, 2022 results are included in the tables attached to this release. Revenue for 2022 was $3.8 billion, down 18% compared to 2021. The lower revenue in 2022 was largely attributable to a lack of major new awards over the last three years, which prevented the Company from replacing","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/77543/000007754323000022/0000077543-23-000022-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2022"},{"label":"Revenue","value":"$3.8 billion"},{"label":"Net income","value":"$210.0 million, or a $4.09 diluted loss per share"},{"label":"EPS","value":"$4.09 diluted loss per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}