---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-095551"
form_type: "8-K"
ticker: "TPC"
cik: "0000077543"
company_name: "TUTOR PERINI CORP"
filed_at: "2024-04-15T23:59:59+00:00"
generated_at: "2026-06-03T23:12:16.594959+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tutor Perini launches $400M notes offering; preliminary Q1 EPS $0.27-$0.32

## Summary
- Preliminary Q1 2024: revenue $1.025-1.075B, net income $14-17M, diluted EPS $0.27-0.32, cash from ops $96-100M.
- Launches $400M senior notes due 2029; proceeds to redeem $500M of 6.875% Senior Notes due May 2025.
- Total debt ~$800M, down ~$100M from Dec 2023; further reduction with redemption and new notes.
- Credit amendment extends revolver maturity to 2027 (was Aug 2025), cuts revolver commitments $5M to $170M.
- Amendment effective on or around settlement of notes offering; void if not effective by May 15, 2024.

## SEC filing metadata
- accession: 0001193125-24-095551
- form_type: 8-K
- ticker: TPC
- cik: 0000077543
- company_name: TUTOR PERINI CORP
- filed_at: 2024-04-15T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/77543/000119312524095551/0001193125-24-095551-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/77543/000119312524095551/d822139d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-095551
- JSON: https://secwatch.observer/filing/0001193125-24-095551.json
- Plain text: https://secwatch.observer/filing/0001193125-24-095551.txt

## Key facts
- Earnings Releases
  TUTOR PERINI CORP reported the fiscal quarter ended, and as of, March 31, 2024 results: revenue Revenue in the range of approximately $1.025 billion to $1.075 billion, net income Net income attributable to Tutor Perini Corporation in the range of approximately $14 million to $17 million, EPS Diluted EPS in the range of approximately $0.27 per share to $0.32 per share.
  - Period: the fiscal quarter ended, and as of, March 31, 2024
  - Revenue: Revenue in the range of approximately $1.025 billion to $1.075 billion
  - Net income: Net income attributable to Tutor Perini Corporation in the range of approximately $14 million to $17 million
  - EPS: Diluted EPS in the range of approximately $0.27 per share to $0.32 per share
  - Result: preliminary results
  source text: The Company has not yet completed preparation of financial statements for the fiscal quarter ended March 31, 2024, but based on preliminary data available to it, it is providing the following preliminary estimates: • Revenue in the range of approximately $1.025 billion to $1.075 billion; • Net income attributable to Tutor Perini Corporation in the range of approximately $14 million to $17 million; • Diluted EPS in the range of approximately $0.27 per share to $0.32 per share;
  evidence_url: https://www.sec.gov/Archives/edgar/data/77543/000119312524095551/0001193125-24-095551-index.htm

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