{"schema_version":"secwatch.filing_event.v1","accession":"0000077543-24-000013","form_type":"8-K","ticker":"TPC","cik":"0000077543","company_name":"TUTOR PERINI CORP","filed_at":"2024-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.902104+00:00","generated_at":"2026-06-05T09:52:22.184151+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Tutor Perini reports 2023 net loss $171.2M but record operating cash flow $308.5M; backlog up 28% to $10.2B","bullets":["Full-year revenue $3.9B, flat YoY; net loss $171.2M ($3.30 diluted loss) vs $210.0M loss in 2022.","Record operating cash flow $308.5M in 2023, up 49% from prior record $207.0M in 2022.","Backlog grew 28% to $10.2B; largest award: $2.95B Brooklyn Jail project in New York.","Initial 2024 EPS guidance $0.85-$1.10; anticipates double-digit revenue growth and return to positive earnings.","Term Loan B paid down $91M on Feb 23, 2024; Senior Notes refinancing expected by end of April 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000077543-24-000013","json":"https://secwatch.observer/filing/0000077543-24-000013.json","markdown":"https://secwatch.observer/filing/0000077543-24-000013.md","text":"https://secwatch.observer/filing/0000077543-24-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/77543/000007754324000013/0000077543-24-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/77543/000007754324000013/tpc-20240228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T09:52:22.184151+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":"2c9035e257327dd4e29b6193f5796ccce4443ab8","claim":"TUTOR PERINI CORP reported year ended December 31, 2023 results: revenue $3.9 billion, net income -$171.2 million, EPS -$3.30.","evidence_excerpt":"Revenue for 2023 was $3.9 billion, up slightly compared to 2022, primarily due to a lower amount of net unfavorable impacts from settlements, litigation results and other project charges in 2023 as compared to 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/77543/000007754324000013/0000077543-24-000013-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"year ended December 31, 2023"},{"label":"Revenue","value":"$3.9 billion"},{"label":"Net income","value":"-$171.2 million"},{"label":"EPS","value":"-$3.30"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"5534d1fefc7e0d5cd5f5dc766bb21e3b98d677ad","claim":"TUTOR PERINI CORP reported 2024 results: EPS $0.85 to $1.10. Guidance initiated.","evidence_excerpt":"The Company is establishing its initial EPS guidance for 2024 at a range of $0.85 to $1.10.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/77543/000007754324000013/0000077543-24-000013-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"2024"},{"label":"EPS","value":"$0.85 to $1.10"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}