earnings
confidence high
sentiment positive
materiality 0.75
Tutor Perini Q1 revenue $1.4B (+11% YoY); adj EPS $1.03 vs $0.65; FY26 guidance affirmed
TUTOR PERINI CORP
2026-Q1 EPS reported
$0.48
revenue$1,389,458,000
- Record Q1 operating cash flow of $146.9M, up 542% YoY; revenue $1.4B, up 11% YoY.
- GAAP diluted EPS $0.48; adjusted EPS $1.03 vs $0.65, excluding $23.5M stock-based comp increase.
- Income from construction ops $59.2M (-9% YoY); Civil segment income hit a record Q1.
- Backlog $19.8B; reaffirms FY2026 adjusted EPS guidance $4.90-$5.30; expects FY2027 significantly higher.
- All three segments grew revenue YoY: Civil +14%, Building +3%, Specialty Contractors +24%.