secwatch.observer — SEC 8-K summary
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Issuer:     TUTOR PERINI CORP (TPC)
CIK:        0000077543
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0000077543-25-000096
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tutor Perini Q1 revenue up 19% to $1.25B, EPS $0.53 (+77%); raises 2025 EPS guidance
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- Revenue $1.25B (+19% YoY); diluted EPS $0.53 (+77% YoY); income from construction ops $65.3M (+34%).
- Record backlog $19.4B (+94% YoY); secured $2.0B new awards including $1.18B Manhattan Tunnel project.
- Reduced total debt by $128.5M (24%) via early Term Loan B payoff; operating cash flow $22.9M.
- Raised 2025 EPS guidance to $1.60-$1.95 from $1.50-$1.90; expects 2026/27 EPS to double.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77543/000007754325000096/0000077543-25-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77543/000007754325000096/tpc-20250507.htm
  HTML page:      https://secwatch.observer/filing/0000077543-25-000096

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