---
schema_version: "secwatch.filing_event.v1"
accession: "0000077543-24-000233"
form_type: "8-K"
ticker: "TPC"
cik: "0000077543"
company_name: "TUTOR PERINI CORP"
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:57:14.514572+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Tutor Perini Q3 net loss $100.9M ($1.92/share) on $152M charges; record backlog $14B

## Summary
- Revenue $1.1B, up slightly YoY; net loss $100.9M ($1.92 diluted EPS) vs loss $36.9M ($0.71) in Q3 2023.
- Record backlog $14.0B (+35% vs Q2 2024) driven by $1.66B Hawaii transit, $1.1B NY tunnel, $1B+ Calif. healthcare.
- Year-to-date operating cash flow $174M; expects record 2024 OCF $425M-$575M and plans to prepay $100M-$150M Term Loan B by Dec 31.
- Dispute resolutions drove $152M net charges but expected to generate ~$180M cash inflow; company returns to profitability in 2025.
- Withdrew 2024 guidance due to charges; initial 2025 guidance expected Feb 2025.

## SEC filing metadata
- accession: 0000077543-24-000233
- form_type: 8-K
- ticker: TPC
- cik: 0000077543
- company_name: TUTOR PERINI CORP
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/77543/000007754324000233/0000077543-24-000233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/77543/000007754324000233/tpc-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000077543-24-000233
- JSON: https://secwatch.observer/filing/0000077543-24-000233.json
- Plain text: https://secwatch.observer/filing/0000077543-24-000233.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.