secwatch.observer — SEC 8-K summary
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Issuer:     TUTOR PERINI CORP (TPC)
CIK:        0000077543
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0000077543-24-000104
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tutor Perini Q1 revenue up 35% to $1.05B, EPS $0.30; reaffirms FY24 guidance
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- Revenue $1.05B (+35% YoY); diluted EPS $0.30 vs -$0.95 loss in Q1 2023.
- Operating cash flow $98.3M, up 361% from $21.3M in Q1 2023.
- Backlog $10.0B (+26% YoY); top award $243M healthcare project in CA.
- Issued $400M of 11.875% senior notes due 2029; to redeem $500M 6.875% notes due 2025.
- Reaffirms FY24 EPS guidance of $0.85-$1.10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77543/000007754324000104/0000077543-24-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77543/000007754324000104/tpc-20240425.htm
  HTML page:      https://secwatch.observer/filing/0000077543-24-000104

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